Africa Increases Control over Natural Resources
Africa Increases Control over Natural Resources

Author(s): Jędrzej Czerep
Subject(s): Politics, Economic policy, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Africa; natural resources; control; EU; trade policy;
Summary/Abstract: From October this year, new rules on the sale of cocoa beans entered into force, agreed between Côte d'Ivoire and Ghana - the crop’s two largest producers in the world - to ensure a profit for farmers. The agreement is an example of a departure from the raw material export model that is unfavourable to African producer countries. This change should increase the stability of African states. These processes will require a revision of the European business approach to Africa and the EU’s trade policy towards the continent.

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