Africa: Africa is resisting the threat of Europe’s free trade agreements

The economies of Africa, the world’s poorest region, are under severe threat from free trade agreements that they are under pressure to sign with the European Union, the world’s richest region. Under these economic partnership agreements (EPAs), Europe wants Africa to open up its economies to European goods, services and companies. But the African countries are understandably worried their small industries and service operators will not be able to survive free competition from giant European companies, banks and commercial firms, writes Martin Khor in The China Post.