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Zafir

Africa rejects European trade deals - Senegal

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Zafir   

LISBON, Dec 9 (Reuters) - Most African leaders refuse to accept Economic Partnership Agreements demanded by the European Union and want to negotiate different accords to replace them, Senegalese President Abdoulaye Wade said on Sunday.

 

"We are not talking any more about EPAs, we've rejected them ... we're going to meet to see what we can put in place of the EPAs," Wade told reporters on the second and final day of an EU-Africa summit in Lisbon. (Reporting by Pascal Fletcher)

 

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Gediid   

It seems like the Africans now can bargain from a position of strength.With a growing China hungury for raw materials Europe and America are now longer the only destination for African raw materials.

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Masayrka Yurub & the reality of China's presence in Africa will incredibly increase Africa's bargaining power. Would they take advantage of that situation, only time will tell!

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