Everything but weapons
Everything But Arms ( English Everything But Arms , EBA ) is a preferential trade agreement ( trade preference ) between the European Union and the 49 world's least developed countries .
The agreement was signed on February 26, 2001. The purpose of this initiative is to give the 49 poorest countries in the world duty-free and quota-free access to the European market. Armaments are excluded from this regulation . For some agricultural products, such as sugar, rice and bananas, transition periods have been agreed. This ended for bananas on January 1, 2006, for sugar on July 1, 2009 and for rice on October 1, 2009.
The list of beneficiary countries currently includes 33 African, ten Asian, five Pacific and one Caribbean countries.
Web links
- European Commission press release
- European Commission: Everything But Arms (EBA) - Who benefits? with a list of beneficiary countries.