Changes between two versions
What changed between the draft committee report and the plenary report
From · draft committee report· 3 Jun 2025
on the draft Council decision on the accession of Vanuatu to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part
To · plenary report· 16 Jul 2025
on the draft Council decision on the accession of Vanuatu to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part
The two versions differ only in presentation: cover page, numbering, or the parts a report carries that the adopted text does not.
+0 added · −0 removed · 2 changed paragraphs, packaging included.
Part 2 of 2: EXPLANATORY STATEMENT
EXPLANATORY STATEMENT
The accession of Vanuatu to the interim EPA between the EU, Fiji, Papua New Guinea, Samoa and Solomon Islands, which is an asymmetric and WTO-compatible trade agreement, reinforces the legal framework of the EU trade relations with Pacific partner countries and facilitates reciprocal trade. It also incorporates Vanuatu into the regime of joint rules and institutions established by the interim EPA.
Following Vanuatu’s classification by the World Bank as an upper middle-income country, the country will be removed from the list of Everything But Arms (EBA) beneficiary countries under the Generalised Scheme of Preferences (GSP), and will no longer benefit from the tariff preferences (duty-free and quota-free access to the EU market) provided under the special arrangement EBA for the least-developed countries as of 1 January 2025.
Your rapporteur supports the economic integration of the Pacific States and welcomes the accession of Vanuatu’s to the iEPA as this will be beneficial for the region as well as for trade relations with the European Union.