The Tripartite free-trade agreement was recently signed between various African nations, and includes the following text in its principles:
The principles governing this Agreement shall be the following:
e) building on the acquis;
This term is not defined in the text. My understanding is that it therefore refers to the Community acquis, i.e. the "accumulated legislation, legal acts, and court decisions which constitute the body of European Union law". Please correct me if I have misinterpreted.
My question is, how might this statement influence the way that the treaty is implemented? For instance, would this enable the dispute settlement mechanism to refer to precedents in EU law in reaching a decision?
The full text of the agreement is available here.