(East Africa) (3 Minutes Read)
Tanzania signed a new partnership agreement with the Organisation of African, Caribbean, and Pacific States (OACPS) and the European Union (EU) with its member states. The new partnership agreement will serve as the new legal framework for EU relations with 79 countries. This includes 48 African, 16 Caribbean, and 15 Pacific countries.
The agreement was signed recently by the Tanzanian Ambassador to Belgium, Jestas Nyamanga, at the OACPS secretariat’s headquarters in Brussels, Belgium. From January next year, the new agreement named Samoa, will serve as the basis of policy and law to lead the cooperation and partnership with the EU for the next period.
The key areas of cooperation in this agreement include sustainable economic growth and development, trade and investment; environmental protection, and coping with the effects of climate change. According to Ambassador Nyamahanga, other areas of cooperation that are based on the agreement include responding to new threats to peace and security, immigration and mobility, democracy as well as human rights. Coupled with that, the agreement supersedes the partnership agreement of Cotonou signed in 2000, which will expire on December 31, this year.
Cotonou Agreement is the partnership between the members of the African, Caribbean, and Pacific (ACP) Group of States on the one part and the European Union and its Member States on the other part that aims to promote and expedite the economic, cultural, and social development of the ACP States, to contribute to peace and security and to promote a stable and democratic political environment.
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The existing historical cooperation between Tanzania and the EU, which officially started in 1975, has always been based on the joint venture agreements signed between the OACPS and the EU member states.
Through the partnership agreements, the country has been benefiting significantly from its cooperation with the EU, in areas various, including trade, investment and tourism. In a period between 1997 until 2022, Tanzania received more than 3.4 billion US dollars from the EU. Sales of Tanzanian products in the EU market have continued to grow per annum, whereby as of 2021 the sales reached 891.5 million US dollars. Since the country agreed, Tanzania has received the aid of more than 2.3 billion Euro which is equivalent to 6.3bn/- purposely for execution of various development projects.
