European Parliament Calls for Stronger, Fairer Trade and Investment Relations with Africa
The European Parliament has passed a resolution advocating for stronger trade and investment relations between the European Union and Africa. The resolution emphasizes the need for fair, rules-based, and mutually beneficial partnerships, acknowledging the growing interdependence between the two continents within a fragmented geopolitical context. Members of the European Parliament (MEPs) highlighted the significant untapped economic potential in Sub-Saharan Africa, recognizing its vital role in advancing Europe’s green and digital transitions. The Parliament expressed support for the African Continental Free Trade Area (AfCFTA) as a key mechanism to boost intra-African trade and reduce dependence on global markets. MEPs also called for modernizing economic partnership agreements to support sustainable growth, investment, and job creation, stressing that good governance, inclusive policies, and local job creation should remain central to the EU-Africa economic relationship. The Global Gateway strategy was a...
