Over the past two years, negotiators have been working on an agreement on the successor to the 2000 Cotonou Partnership Agreement, which officially expires in November 2021. On 4 December 2020, OACPS Chief Negotiator Robert Dussey and EU Chief Negotiator Jutta Urpilainen announced a new partnership agreement. For the East and Southern Africa region, Mauritius, Seychelles, Zimbabwe and Madagascar signed an EPA in 2009. The agreement has been implemented on an interim basis since 14 May 2012. „We are in the final phase of negotiations,“ a European Commission spokeswoman told the DW. More than 95% of the treaty text agrees. However, the Commission refused to provide specific information or conduct an interview. Under the new agreement, the EU can be more selective and flexible in allocating and using its development resources. Endowments are based on an assessment of a country`s needs and performance and include the ability to regularly adjust financial resources. In practice, this means that more money can be paid to „good interpreters“ and that the proportion of „bad interpreters“ can be reduced. The Interim EPA between the EU and the Pacific ACP countries was signed in July 2009 by Papua New Guinea and Fiji in December 2009. Papua New Guinea ratified it in May 2011. In July 2014, Fiji decided to begin provisional implementation of the agreement.
Of the 14 Pacific countries, Papua New Guinea and Fiji account for the bulk of EU-Pacific trade. The ACP-EU Joint Parliamentary Assembly is an advisory body made up equally of representatives from the EU and ACP countries. The Assembly promotes democratic processes and facilitates a better understanding between the peoples of the EU and those of the ACP countries. Issues related to development and the ACP-EU partnership, including economic partnership agreements, will also be discussed. The European Union (EU) and the Organization of African, Caribbean and Pacific States (OACPS) have regulated their relations since 1975 through a number of partnership agreements. There is also a dispute over money. The Cotonou agreement also regulated financial relations. Over the past six years, OACPS has jointly received more than 30 billion euros ($35 billion) in development aid from Brussels.
Governments in poor countries want this to continue.