From The Citizen, Dar es Salaam
The signing of Economic Partnership Agreement between East African countries and European Union, early this week in Kampala, has divided the region into two different groups.
While the first group strongly believes that EPA deal is a breakthrough to trade prosperity between the region and Europe, the other group views this state with cautionary eye, insisting that this is another big blow to poor countries mainly from Africa.
Those supporting EPA are mainly government officials and their stand is that it was high time Africa opened its trade borders to the key trading partners like European countries.
They believe that a poor farmer from Kilimanjaro or Mwanza region can compete fairly with a heavily subsidised farmer from Holland or Austria under the so called trade liberalisation era.
Read more:
http://allafrica.com/stories/200712030897.html
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