Agricultural Policy Seminar PaperTopic: International agricultural policy and their impact on marketsEXPORT REFUNDS OF THE EU:
IMPACTS ON TRADE WITH AFRICA
By: Xuan Lam Duong (21168870 – email: xuanlam.duong@stud.uni-goettingen.de)Supervisor: Msc. Thelma Brenes
ContentList of tables and graphicTableNamePage
1Table 1: European Union, Trade with Africa (million of euro, %)82Table 2: AFRICA, Trade with the European Union(millions of euro, %)9
GraphicName
1Figure: Processor/wholesale data and prices: EU subsidies(Euro/100kg)7
List of abbreviations
EUEuropean UnionGATTGeneral Agreement of Tariffs and TreatiesCAPCommon Agricultural PolicyWTOWorld Trade OrganizationSMPSkimmed Milk Powder WMPWhole Milk Powder
ACPAfrican, Caribbean and PacificFTAsFree Trade AgreementsEPAsEconomic Partnership AgreementsOECDOrganisation for Economics Co-operation and Development
I. INTRODUCTION
:The European Union (EU) is a major trading partner of the Africa. In value and volume, thedestination of most Africa agricultural exports is the European Union. In terms of valueadded agricultural products, the EU has the potential to become a major source of imports tothe African markets. In other words, agriculture is the mainstay of African economies and itis the largest employer, a source of foreign exchange earning and a means of livelihood to amajority. Thus, any internal or external factor that affects the sector will affect thelivelihood of the entire African economies. For these reasons, the agricultural policy pursued in the European Union has consequences to the African countries. Specifically, theusual sale of European agricultural products to Africa using export refunds has been heavilydiscussed in recent decades. This paper aims to give some main ideas about the impacts of export refunds of the EU on trade with Africa.
Research questions:
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Export refunds of the EU: Impact on trade with Africa
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