EU asks to halt regional agreements
Brussels, September 28:
As European Union (EU) trade chief Peter Mandelson prepares to kick off a new phase of trade negotiations in the Caribbean this week, trade groups are asking the bloc to shelve regional agreements in order to avoid a ‘development disaster’. The Britain-based Traidcraft and the Kenya-based non-governmental organisation (NGO) EcoNews Africa say the bloc’s current proposals would require developing countries to open up their markets rapidly to European corporations, threatening jobs, industries, government revenues and public services in some of the poorest countries in the world.