The European Union (EU) has recast its development efforts on trade as a vehicle to help developing countries reduce their poverty incidence and provide sustainable opportunities for growth.
Since the establishment of the Doha Development Agenda (DDA) as the trade-negotiation round of the World Trade Organisation (WTO), the EU has strongly advocated open rules-based trade negotiation to ensure fair, free, and safe trade. On October 2007, “the EU adopted the EU Aid for Trade Strategy to help developing countries to better integrate into the rules-based world trading system and to more effectively use trade in promoting the overarching objective of eradication of poverty in the context of sustainable development” (European Communities, 2008). read more >> |