This report on the CARIFORUM and Pacific ACP Economic Partnership Agreements analyses the detailed implications for the economies of the countries involved of commitments signed or initialled, including an indication of the broad country and region-wide effects. The two agreements cover general provisions related to trade in goods and, in the case of CARIFORUM, an agreement on services as well as coverage on other trade-related issues. The authors argue that, partly because they are so complex, the agreements are likely to have far-reaching implications for all countries involved, but that there has been almost no informed discussion of the likely detailed effects of the agreements based on an analysis of their impact at an industry or sectoral level. Understanding what these Economic Partnership Agreements mean is challenging, but necessary for both trade negotiators and the private sector. This publication therefore provides an initial analysis and could form the basis of more detailed work at the national level.
Abbreviations and Acronyms
1 Introduction
Pt. A Main Principles for Trade in Goods
2 Liberalisation Commitments in the Main CARlFORUM EPA Text
3 Liberalisation Commitments in the Main Pacific IEPA Text
Pt. B Tariff Removal Commitments
4 The EPA Liberalisation Commitments
5 The Treatment of Exports
Pt. C Services
6 Services Provisions in the CARIFORUM EPA
Pt. D Conclusions
7 Broad Findings
8 What Happens Next?
References
App. 1 Summary of Key Provisions in the CARIFORUM EPA Text
App. 2 Summary of Key Provisions in the Pacific IEPA Text
App. 3 Comparative Structure of the CARlFORUM and PACP EPAs
App. 4 Summaries of Individual CARIFORUM States' Market Access Schedules
App. 5 Summaries of Individual CARIFORUM States' Exclusions
App. 6 Broad Composition of Individual CARlFORUM States' Exclusions
App. 7 Loss of EU Preferences - The Broad Picture for Individual CARlFORUM States
App. 8 Individual CARIFORUM States' Exports That Would Face Tariffs Outside an EPA
Tables
Figures
Boxes