Given the positive results generated by the current agreement, now in its 8th year of implementation, the five countries have declared their readiness to move beyond trade in goods, towards a more comprehensive agreement. The EU has welcomed this step, especially in the context of the Africa-Europe Alliance for Sustainable Investment and Jobs.
Since the initial agreement started to apply in 2012, exports of goods from the five ESA countries to the EU have increased by almost a quarter, reaching nearly €2.8 billion in 2018. European businesses are also increasingly investing in the region. The new agreement should cover other important trade related areas and trade related rules, such as services, investment, technical barriers to trade, intellectual property rights as well as trade and sustainable development.
EU Trade Commissioner, Cecilia Malmström said: “The ESA region is a pioneer for the whole of Africa as regards our trade partnership. The deepening of the current agreement will move our partnership to another level. It will boost bilateral trade and investment flows and will contribute to the creation of jobs and further economic growth in our respective regions while promoting sustainable development. The EU is fully behind this important endeavour”.
The EU is the number one trading partner for the five ESA countries. In addition to improving the business and investment environment, a comprehensive free trade agreement would stimulate the economies of the five ESA countries, for instance by diversifying their exports to the EU. The process would also support the implementation of the Africa-Europe Alliance for Sustainable Investment and Jobs launched in September 2018. Moreover, it would promote both regional economic integration, for instance by developing regional value chains, and continental integration by furthering the ESA five countries' preparedness for implementing the African Continental Free Trade Area (AfCFTA) under the African Union. Economic Partnership Agreements (EPA) are one of the building blocks towards the future AfCFTA.
At the request of the five ESA countries, the European Union has agreed to provide financial assistance for the setting up of an EPA Coordination Mechanism. Its aim is to ensure appropriate coordination and technical support to the five ESA countries so they can engage effectively in the negotiation process. The Coordination Mechanism has already contributed on the ESA side to the preparation of the scoping phase for the upcoming negotiations.
Economic and Partnership Agreements (EPAs) are trade and development cooperation agreements that provide duty-free quota-free access to the EU market based on favourable rules of origin for the partners countries. They support export diversification, competitiveness and promote creation of local value chains.
Since the current interim Economic Partnership Agreement (iEPA) with the Eastern and Southern Africa (ESA) states started applying in 2012, the exports by Madagascar to the EU have more than doubled. Seychelles have seen their exports increase by more than one third in the period 2012-2018. Exports by Zimbabwe to the EU have increased by 12% over the same period, while the country's exports to the rest of the world have decreased. For Mauritius, the European Union remains the main destination for its exports, with for instance fisheries products seeing export gains.
In 2017, the four ESA states (Mauritius, Madagascar, Seychelles and Zimbabwe) requested the EU to start discussing the possible extension of the iEPA beyond the currently covered market access for goods and development cooperation. The aim was to include new trade-related areas and rules as provided for in the rendezvous clause foreseen in Article 53 of the EPA (i.e. so-called "deepening" process). Both parties agreed on the scope and objectives of this deepening before launching negotiations. In February 2019, after ratifying the iEPA, Comoros started to apply it provisionally, also joining the other four ESA states in the deepening process.
АРЧР, съвместно с HMA- Greece, LCCI Cyprus, GAUSS Institute- FYROM and CCP- Albania, организират срещи на бизнеса в 4те страни, партньори по проекта
Human Resources Development Agency, together with HMA-Greece, LCCI Cyprus, GAUSS Institute-FYROM and CCP-Albania, organize business missions with B2B meetings
With regard to the DTP Specific Objective 4.1 there will be a Thematic Seminar for the 3rd Call for Proposal on the 15th of January in Bratislava, Slovakia. This transnational seminar aims at supporting the generation of high-quality project applications for the topics covered by S.O.4.1
Бизнес центърът кани фирми и експерти в сектора на агро храните на работна среща на тема „Възможности пред производителите на храни за финансиране, външни пазари и иновации“, която ще се проведе на 31 януари 2019в х-л Рига, гр. Русе.
Η Ελληνική Εταιρία Διοικήσεως Επιχειρήσεων (ΕΕΔΕ) στο πλαίσιο του Έργου “BalkanMed e-BP”, διοργανώνει το 1ο Διακρατικό Επιχειρηματικό Forum με Συναντήσεις B2B διάρκειας 2 ημερών, την Τρίτη 26 και την Τετάρτη 27 Φεβρουαρίου 2019, στο Συνεδριακό Κέντρο της ΕΕΔΕ «Γ. Κοντογεώργης» (Λ. Ιωνίας 200 & Ιακωβάτων 61, 111 44 Αθήνα) και προσκαλεί Έλληνες εκπροσώπους επιχειρήσεων & επιχειρηματίες με σκοπό την δημιουργία νέων συνεργασιών και επιχειρηματικών σχέσεων με εκπροσώπους επιχειρήσεων από τις χώρες που συμμετέχουν στο Έργο (Αλβανία, Βουλγαρία, ΠΓΔΜ και Κύπρος).
Sofia Tech Park John Atanasoff Innovation Forum: 4 Global Experts 10+ Investors 15+ Startups 500 Visitors
„Бизнес форум Балкани и Средиземно Море“ /BalkanMed Business Forum/ в Деня на Европа на 09 и B2B срещи на 10 Май, 2019г., в гр. София, Парк хотел Витоша.
The 3-year stability support programme took a coordinated approach to tackling long-standing and deep-rooted structural issues that contributed to Greece experiencing an economic crisis and losing access to financial markets. In total, Greece's European partners provided €61.9 billion in loans in return for the Greek authorities implementing a comprehensive reform package.
Under the first project, Commission and World Bank experts will help Romanian county capitals develop stronger links with their periphery and use EU funding for projects that benefit the whole urban area, not only the main economic centre. For example, experts will study how to expand urban transport networks or how to cooperate better in the field of public services to make them more accessible.
In particular, Piraeus (Greece), Tampere (Finland) and Turin (Italy) will receive grants for projects that will protect and reduce the vulnerability of public spaces, in line with the 2017 Action Plan under the Security Union. The EU funding will also support innovative solutions in digital transition, in responsible urban land use and in the fight against poverty in 17 other cities.
Commission experts from the Joint Research Centre will provide support and guidance to 13 Bulgarian research and innovation centres to help them bring their innovative ideas to the market, facilitate the transfer and dissemination of knowledge and strengthen both their ties with businesses and their participation in European and international cooperation projects.
20 September 2019 , more than 100 public and private partners covering the whole plastics value chain will sign the declaration of the Circular Plastics Alliance, which promotes voluntary actions for a well-functioning EU market in recycled plastics.
13 September 2019 At the third EU-Western Balkans Media Days taking place from 12-13 September in Podgorica, Montenegro, the European Commission confirmed its support to the region with new initiatives focusing on media accountability, literacy and governance, judicial expertise on freedom of expression and promotion of reconciliation and regional cooperation.
11 September 2019 Following today's exchange with Member States, the Commission will now adopt the measures to introduce greater transparency through improved price reporting along the food supply chain.
Commission today adopted new eco-design measures for products such as refrigerators, washing machines, dishwashers and televisions. Improving the ecodesign of products contributes to implementing the ‘Energy efficiency first' principle of the EU's Energy Union priority.
2 October 2019 in Mauritius, the EU started negotiations with five Eastern and Southern Africa partners (so-called ESA: Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe) to deepen the existing Economic Partnership Agreement.
Brussels, 7 October 2019 / The Commission publishes the 2019 Regional Competitiveness Index and a Eurobarometer on Regional Policy. This will help authorities in the Member States in charge of designing the future Cohesion Policy programmes for the 2021-2027 EU budget period to evaluate public opinion, identify regional assets and better focus investments.
Brussels, 7 October 2019 / the European Union signed an agreement with Montenegro on border management cooperation between Montenegro and the European Border and Coast Guard Agency (Frontex). The agreement was signed on behalf of the EU by Dimitris Avramopoulos, Commissioner for Migration, Home Affairs and Citizenship and, Maria Ohisalo, Minister of the Interior of Finland and President of the Council, and on behalf of Montenegro by Minister of the Interior, Mevludin Nuhodžić.
Brussels, 8 October 2019 / The European Commission released the second edition of its Cultural and Creative Cities Monitor, a tool designed to benchmark and boost the creative and cultural potential of European cities, which is vital to driving economic growth and social cohesion.
With this proposal, the Commission is delivering on the political commitments made in the MedFish4Ever and Sofia Declarations to promote sustainable management of fish stocks in the Mediterranean and the Black Seas. It reflects the Commission's efforts and ambition to ensure social and economic viability for the fishermen operating in the region by restoring and maintaining stocks at sustainable levels
Brussels, 10 October 2019 / The European Commission has found Greek plans aimed at supporting the reduction of non-performing loans of Greek banks to be free of any State aid. The Commission found that, under the asset protection scheme (known by the name of “Hercules”), the Greek State will be remunerated in line with market conditions for the risk it will assume by granting a guarantee on securitised non-performing loans.
Brussels, 11 October 2019 / The Commission has published today a list of 20 regulated quarantine pests qualifying as priority pests, including Xylella fastidiosa, the Japanesebeetle, the Asian long-horned beetle, Citrus greening and Citrus Black Spot, whose economic, environmental and social impact on EU's territory is the most severe. Member States will have to launch information campaigns to the public, do annual surveys, prepare contingency plans, simulation exercises, and action plans for the eradication of these pests.
Despite the difficult global economic climate, European companies have continued to make good use of the opportunities created by the European Union's trade network - the largest in the world. In 2018 this network covered 31% of Europe's trade exchanges, a figure that is set to rise significantly (to almost 40%) as more trade agreements enter into force, according to the European Commission's annual report on the implementation of trade agreements released today. Overall, trade accounts for 35% of the EU's gross domestic product (GDP).
Brussels, 17 October 2019 / The European Vocational Skills Week 2019 taking place in Helsinki comes to an end. This year, 1,407 associated events and activities have been held across Europe so far and have helped the European Vocational Skills Week campaign to reach 2.5 million people, which is the highest number ever since the first edition in 2016.
The Investment Plan for Europe, the Juncker Plan, has played a key role in boosting jobs and growth in the EU. Investments by the European Investment Bank (EIB) Group backed by the Juncker Plan's European Fund for Strategic Investments (EFSI) have increased EU gross domestic product (GDP) by 0.9% and added 1.1 million jobs compared to the baseline scenario. By 2022, the Juncker Plan will have increased EU GDP by 1.8% and added 1.7 million jobs. These are the latest calculations by the Joint Research Centre (JRC) and the Economics Department of the EIB Group, based on financing agreements approved until the end of June 2019.
The European Union will announce 22 new commitments at the 2019 edition of Our Ocean conference, which will take place in Oslo, Norway on 23-24 October 2019, for better governance of the oceans. In addition, the EU is also launching ‘The Ocean Tracker', an interactive map to follow the over 10 billion euros commitments already made by governments, businesses and NGOs.
Brussels, 22 October 2019 The European Commission adopted today its latest report on steps taken by Bulgaria to meet its commitments on judicial reform, the fight against corruption and tackling organised crime, in the context of the Cooperation and Verification Mechanism (CVM).
Brussels, 22 October 2019 The European Commission has exceeded the target set by President Jean-Claude Juncker in 2014 committing that, by the end of his mandate, 40% of the Commission's middle and senior managers should be women. According to the latest data, female managers at all levels currently stand at 41%, up from 30% at the beginning of the mandate. This is an increase of 37%. The figure is even higher at the level of the most numerous managers in the Commission, the middle managers or Heads of Unit. At present, 42% of them are women, up from 31% when the Juncker Commission took office. These achievements place the Commission amongst the public administrations around the world with the highest share of women in leadership positions.
Strasbourg, 22 October 2019 The Commission is today reporting on Croatia's progress in meeting the necessary conditions to join the Schengen area. The European Commission considers that, based on the results of the Schengen evaluation process initiated in 2016, Croatia has taken the measures needed to ensure that the necessary conditions for the full application of the Schengen rules and standards are met. Croatia will need to continue working on the implementation of all ongoing actions, in particular its management of the external borders, to ensure that these conditions continue to be met. The Commission also today confirms that Croatia continues to fulfil the commitments, linked to the Schengen rules, that it undertook in the accession negotiations.
The fairgrounds is the largest in Southeast Europe with a total area of 352 000 square meters. It combines a comfortable base, up-to-date infrastructure and services that meet the highest standards in the exhibition industry and create a comfortable environment for the exhibitors. The fairgrounds offers excellent conditions for presentation of the companies and their products attractive locations for expositions of all kinds of goods demo zones for machinery in action advertising spots for effective messages full service for exhibitors and visitors organizing events with a different profile
Bulgarian Association of Traders of Agromachinery – BATA AGRO is a professional organization that brings together companies, authorized by the manufacturer to import and distributе self-propelled and attached agrotechnics in the territory of Bulgaria.