Economic partnership agreement trade talks stall
Economic Partnership Agreement (EPA) negotiations between East African Community and the European Union are reported to have stalled, EAC sources said in Arusha on Sunday. This follows an objection by the East African Legislative Assembly (Eala) to the use of funds mobilised by the secretariat from a development partner to facilitate the process. The regional Assembly, currently meeting in Kigali, Rwanda, is particularly objecting the use of money from the Swedish International Development Agency (Sida) to finance the process. It argues that using a grant from Sida to finance the talks would not only compromise negotiations to the partner states’ detriment “but would as well prejudice and weaken any stronger stance the latter may adopt on the negotiations”.
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