| EU and Caribbean Launch Negotiations
for Economic Partnership Agreement
The European Union has opened negotiations today
for an Economic Partnership Agreement (EPA) between
the EU and 16 Caribbean countries.
Meeting in Kingston, Jamaica, the EU Commissioners
for Trade and Development and their Caribbean
colleagues launched negotiations aimed at promoting
trade and development by concluding a region-to-region
agreement. By opening up trade between both regions
and setting up clear rules for trade, the EPA
will also contribute to the economic integration
of the Caribbean.
Before travelling to Jamaica, EU Trade Commissioner,
Pascal Lamy said: "The EU has a long-standing
relationship with the Caribbean. With the launch
of these negotiations we are opening a new chapter
between our regions. Tearing down barriers to
trade among Caribbean countries is the necessary
complement to the almost full access to the EU
market already enjoyed by these countries. As
a result, the region will come out stronger and
EU-Caribbean relations will be boosted."
The launch was hosted by the Government of Jamaica.
Prime Minister Percival Patterson and the Commissioners
delivered keynote speeches at the opening ceremony,
which was followed by a first negotiating session
during which a roadmap of the way ahead was drawn
up through a joint work programme and calendar
for the negotiations. It has been agreed that
negotiations will be concluded no later than the
end of 2007.
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