By Roland Joshua
BRUSSELS (IDN) - The implications of BREXIT on the African, Caribbean and Pacific (ACP) Group could be far-reaching and may give rise to many consequences for trade, services, investments and development finance assistance, according to ACP Secretary-General, Dr. P.I Gomes.
In each of these areas, the ACP-UK relations have been longstanding and mutually beneficial, not only for Caribbean countries and other Commonwealth member states, but for the ACP Group as a whole.
For instance, as a contributor of some 17% to the European Development Fund (EDF), the UK has been consistent in its support and has argued in favour of making the EDF less cumbersome in its regulations. “With the UK outside of the EDF Committee the ACP will lose an ally of great value,“ Dr. Gomes said.