Africans Fear ‘Ruin’ in Europe Trade Talks
26.07.2007
The warnings are grim. Cape Verde may lose 80 per cent of its import revenues. Three-quarters of Ghana’s industry may collapse. And African countries could end up even more dependent on trade with Europe than with each other. Such worries about the possible impact of ongoing “free trade” negotiations between Europe and its former colonies in Africa, the Caribbean and Pacific (ACP) are beginning to galvanize public debate in the region.