EPA trade deal with Europe is a form of colonialism, says Magufuli

magufuli

Tanzanian President John Magufuli Sunday described the Economic Partnership Agreement (EPA) as a “form of colonialism”, dampening the country's possibility of signing the deal with the European Union (EU). “It is bad for our country,” Dr Magufuli affirmed. Addressing a joint press conference with visiting Ugandan President Yoweri Museveni at the State House, Dr Magufuli disfavored EPAs, which are aimed at creating a free trade area between EU and the African, Caribbean and Pacific Group of States. His Ugandan counterpart warned African countries that EPA might break up their unity. “It’s better if the signing of the deal is shelved until further consultations are made.”

President Museveni arrived in Dar es Salaam Saturday morning for a two-day state visit. Dr Magufuli noted that after studying EPA he had realized that African countries would not benefit from it economically as its architects touted. He noted that terms included in the agreement were not intended to help African countries to grow economically. “I believe that our neighbor, Uganda, will second us for the betterment of our countries. We have discussed EPA for a long time but to me it seems like another form of colonialism… it is bad for our country,” he said. 

https://www.theeastafrican.co.ke/news/Signing-EPA-with-Europe-is-bad-declares-Magufuli/2558-3829308-view-printVersion-8pn2jdz/index.html