Assessment of the Compatibility of the Framework EAC-EU-EPAs within the WTO: A Threats Or an Opportunity on the Tanzanian Economy
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Abstract
The paper assessed the compatibility of the Framework EAC-EU-EPAs within the WTO, specifically whether the framework is a threat or an opportunity on the Tanzanian economy. The paper reviewed and analysed information from previews and contemporary writer on Framework EAC-EU-EPAs. After a thorough review and analysis of information the paper inferred that FEPA between EAC and EU partner states is a serious threat on the Tanzanian economy. The EU is alleged to exploit Tanzania and other EAC countries by using its bargaining power. Also, the agreement seems to be incompatible with the World Trade Organization hence the researcher has recommended that the EAC should stop the EPA process and concentrate with the EAC customs Union to make it fruitful to both parties