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In June 2010 the East African Community (EAC) decided to hold off the signing of the Economic Partnership Agreement with the European Union (EU). Such an agreement would eventually constitute a Free Trade Area (FTA) between the EU and the EAC. It seems that the Eastern African countries would benefit from such an agreement, but is this really the case? Benjamin William Mkapa, Chairman of the South Centre and former President of the United Republic of Tanzania (1995-2005), says it would bring the EAC mostly disadvantages compared to the EU.
Both ENDS is co-hosting two sessions on the conference of the EFC (European Foundation Centre). This year, the conference is held from Thursday the 26th until Saturday the 28th of May in the town of Cascais, Portugal.
The European Parliament in its plenary session on the 5th of April, adopted a proposal to regulate Export Credit Agencies (ECAs) that will force them to become more transparent on where their funds come from, and go to, as well as how they count social and environmental risks. Furthermore, the Parliament requires ECAs to comply with EU human rights objectives in their activities, and to phase out the subsidising of fossil fuel projects in line with commitments adopted by the G20 in 2009.