Friday, June 22, 2007

Africa must seal new trade deals with EU - Michel

(Reuters) - African countries must agree new trade deals with Europe by the end of the year or risk losing valuable commerce, European Commissioner for Development and Humanitarian Aid Louis Michel said on Friday.

The World Trade Organisation (WTO) outlawed the European Union's preferential trade terms for nearly 80 of its African, Caribbean and Pacific (ACP) former colonies in 2001, but granted a waiver until the end of 2007.


Read more at Reuters Africa

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