Press Release: EU highlights trade-led growth as central to modern development agenda

A range of proposals to make trade and development instruments work hand-in-hand to ensure real poverty reduction across the world are presented by the European Commission.

The proposals aim at reinforcing the trade capacities of developing countries by making trade part of their development strategy. And to ensure we hit our target, the EU is currently looking into better ways of differentiating between developing countries to ensure the world's poorest countries receive our biggest help.

The role of trade is underlined in the proposal as one of the key drivers to support development, stimulate growth and to lift people out of poverty. Furthermore, today the EU calls for all developed economies to match its significant levels of market access to developing countries.

European Commission: Memo/12/48: EU highlights trade-led growth as central to modern development agenda http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/48&format=HTML&aged=0&language=EN&guiLanguage=en

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