More than a decade has passed since the EU-CARIFORUM Economic Partnership Agreement (EPA) was negotiated and signed.
The free trade agreement with Europe marked the end of preferential arrangements for Caribbean exports of goods and established a disproportionate, new region-specific trade base with now twenty-seven EU member states. Linked to measures aimed at encouraging regional development and integration, it is generally reflected in a post-Brexit UK-CARIFORUM EPA.
For the EU, the EPA ended years of battling the United States and others over the compatibility of the World Trade Organization’s long-standing preferential arrangements for its former colonies, reflecting concern that its association with free trade agreements would not be eroded develops, erosion his preference for it. traditional partners in the ACP group could not be suspended.