Sunday, 12 May 2013

MKAPA TELLS EU TO ENSURE ECONOMIC PARTNERSHIP DO NOT THREATEN THE DEVELOPMENT ASPIRATION OF AFRICA

*Retired President Benjamin William Mkapa (pictured above) of United Republic of Tanzania has argued Inter Action Council European members to press on their governments to ensure that the Economic Partnership Agreements (EPAs) they are negotiating with African countries do not threaten the development aspirations of Africa.Participating in the debate on the economic situation in the present state of the world in Manama, the Kingdom of Bahrain, President Mkapa said the European Union (EU) proposals seriously impede the development path of the African countries. In particular, they would lead to the de-inderstrialization, stop the value addition on their primary goods exports and deny them market success while by insisting on removal of import  traffics export taxes, deny government revenue for effective fair governance.

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