ELI5: Explain Like I'm 5

Economic Partnership Agreements

Economic partnership agreements (EPAs) are special agreements between countries in different parts of the world. They are made so that countries can trade goods and services more easily and fairly. This means that goods (like food and clothes) and services (like medical care and travel) can be exchanged between countries. This is good because it helps each country get what it needs or wants from other countries and helps the citizens of both countries. It also helps countries to reduce poverty and grow their economies. To make the agreements more fair, some EPAs have rules and standards that all the countries have to follow when they trade. This helps protect both countries.