The ABC of EAC-EU Economic Partnership Agreements (EPA)

Global trade is worldwide business that involves making and collecting payments for transactions in goods and services, and transporting them to interested markets. International trade allows us to expand our markets for both goods and services that otherwise may not have been available to us. It is the reason you can pick between a Japanese, German or American car. Economic Partnership Agreements (EPAs) are a form of trade contract between the European Union (EU) and the African Caribbean and Pacific (ACP) countries that mainly comprises developing nations4. The main objective of the EPA is to support and facilitate trade between the two blocks and to eradicate poverty
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