EU and Africa: Investment, trade, development. What a post-Cotonou Agreement with the ACP states can achieve

Evita Schmieg

No 1/2019, SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs

Abstract: The EU is currently negotiating a successor to its Cotonou Agreement of year 2000 with the African, Caribbean and Pacific (ACP) states. The political and economic con­text has changed enormously over the past two decades, with trade relations between the EU and the more developed ACP countries now largely regulated by bilateral and regional Economic Partnership Agreements. Since 2015, in line with international sustainability targets, social and environmental aspects must be taken into account in international treaties, while in 2018 the African Union (AU) agreed to establish an African Continental Free Trade Area. A successor to Cotonou offers an opportunity to modernise the rules on issues including investment, services and migration. This could also generate greater interest in the talks in Germany and the EU. But the cooperation need to be placed on a new foundation and the African states will have to decide whether they want to negotiate together, as a continent.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:swpcom:12019

DOI: 10.18449/2019C01

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