Caribbean Political Economy

The Caribbean EPA Five Years After, Joyce Van Genderen-Naar

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December 16, 2012 marks the fifth anniversary of the conclusion of negotiations of the CARIFORUM-EC Economic Partnership Agreement. During this time the controversies over the Caribbean EPA have not abated. In her review for the ACP-EU Joint Parliamentary Assembly meeting held in Suriname last month, Joyce Van Genderen-Naar raises questions about the ratification and provisional application of the EPA, points to the losses of revenue and the preference erosion facing Caribbean countries, and discloses the major differences that have erupted between Caribbean and European officials over the tariff liberalisation schedules.

Read Joyce’s presentation

Governance of the EPA, Norman Girvan

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The EPA sets up an elaborate institutional machinery for implementation,,  monitoring and review.,  At the apex is,  a Joint Council with power to take legally binding decisions. The Joint Council is,  supported by a Trade and Development Committee, which has wide-ranging powers and functions. The Special Committe on Trade Facilitation and Customs Cooperation is also important.,  There are also a,  joint Parliamentary Committee and a Consultative Committee; these,  are mainly for dialogue and consultation.

Click here for EPA Governance Diagram

Click here for EPA Governance Matrix showing functions,,  powers ,  and composition of the Committees (Excel file).

Click here for a discussion of theParties to the EPA.