EPAs and the Demise of the Commodity Protocols
With the entry into force of Economic Partnership Agreements (EPAs) between the EU and African, Caribbean and Pacific (ACP) countries at the beginning of 2008, the three commodity protocols attached, first, to the Lomé Conventions and, subsequently, the Cotonou Agreement which benefited ACP exporters of sugar, bananas and beef have been terminated or shortly will be. This paper reviews the reasons for the termination of these protocols, and investigates whether EPAs help to maintain the economic benefits they provided to ACP exporters or whether they accelerate the erosion of these benefits. We conclude that EPAs extend the benefits of the banana and beef protocols but that the ending of the sugar protocol has more ambiguous effects. Other changes separate from EPAs have also contributed to the erosion of the benefits provided by the protocols.
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- Giovanni Anania, 2006. "The 2005 WTO arbitration and the new EU import regime for bananas: a cut too far?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 33(4), pages 449-484, December.
- Hannah Chalplin & Alan Matthews, 2005.
"Coping with the fallout for preference-receiving countries from EU sugar reform,"
The Institute for International Integration Studies Discussion Paper Series
- Chaplin, Hannah & Matthews, Alan, 2006. "Coping with the Fallout for Preference-receiving Countries from EU Sugar Reform," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 7(1).
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