PORT OF SPAIN, Trinidad, Sep 13, 2010 (IPS) - Almost two years after the controversial and sweeping trade pact known as an Economic Partnership Agreement (EPA) was signed between the European Union and the Caribbean Forum (CARIFORUM) countries, a new study says the impact of the EPA has proved to be, as its proponents claimed, relatively mild.

"None of the critics set out to test the propositions made by the EPA's negotiators that the fiscal impacts might not be so grave and that revenues lost to new imports would be offset by access to new markets," the study says.

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