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[Music] welcome to the Caribbean policy Development Center economic partnership agreement hubs we look forward to sharing information on the economic partnership agreements what our economic partnership agreements economic partnership agreements are arrangements made to create a free trade area between the European Union and the African Caribbean and Pacific group of states the APS have their roots in the low may convention that was enforced between 1975 and 1999 this agreement however gave unilateral preferences to ACP countries it was found to be in bdocHub of the most important principle of the World Trade Organization the most favored nation clause the EU was granted waivers in 1996 and 2001 unconditioned that the law make conventions would be replaced by trade agreements in line with WTO rules such as EPAs for this reason the co2 no partnership was signed what is the cotan of partnership agreement in the year 2000 the European Union along with the African Caribbean and Pacific gro