The apparent race for African trade continues to intensify with African Growth & Opportunity Act (AGOA) Forum taking place in Washington the last week in September and the European Parliament approving further trade agreements with six African states earlier in October.
Frank Samolis and Stacy Swanson discuss the need for greater international cooperation in relation to African trade agreements in The Hill. They discuss the benefits and drawbacks of AGOA and European Partnership Agreements in relation to African trade and carve out a possible new way forward. They consider whether greater U.S., UK and EU harmonization in trade policies, particularly around the preferential treatment of goods, could further assist with increasing value-add commodities and in turn translate into sustainable development for Africa. Is a TTIP side-agreement possible to encourage this harmonization, they ask?
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