Global: Europe puts foot down on EPAs

Botswana and Namibia are set to lose preferential access to the European Union, which wants African, Caribbean and Pacific countries to sign controversial free trade agreements within two years or face potential loss of market access to the 27-member EU bloc. The Economic Partnership Agreements (EPAs) are contested because countries fear unfair competition from the EU market. Brussels has finally set an ultimatum for the talks: a total of 18 out of 36 countries that have not yet concluded or implemented an EPA now have till 1 January 2014 to do so, reports IPS.