FilenameGIZ-Promotional-material-Fact-Sheet-en-Final.pdf
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Date addedMay 25, 2018
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CategoryPartner Information
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EPAs for Sustainable Development
The Economic Partnership Agreements (EPAs) are a set of comprehensive trade agreements between the European Un-ion (EU) and the African, Caribbean and Pacific (ACP) states. They aim to extend beyond the scope of traditional trade agreements by creating partnerships that implement trade to foster sustainable development and regional integration.

The EPAs have their origin in the Lomé Convention, which granted ACP states preferential market access to the EU. Upon expiration of this agreement, the EU and the ACP states began negotiations towards equitable trade agreements that grant continued preferential market access, while ensuring compatibility with World Trade Organization (WTO) agree-ments.
International trade can have a considerable leveraging effect on sustainable development and poverty reduction: Increased trade-related cooperation with developing countries is nec-essary to achieve an open and equitable multilateral trading system (SDG 17.10) and to significantly increase the exports of developing countries (SDG 17.11) while simultaneously promoting safe and secure working environments (SDG 8.8).