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Lome and Cotonou

Making trade work for development in 2005 : what the EU can do

Proposing an EU trade agenda to make poverty history

Authors: ; Oxfam
Publisher: Oxfam, 2005

In the run-up to the G8 meeting in Gleneagles, this Oxfam brief proposes a EU trade agenda for both the multilateral and bilateral arenas, which will enable the EU to ‘make poverty history’. It points out that the EU must look towards its longer-term enlightened interests and rein in its search for short-term commercial advantage if real progress is to be made in 2005 on reducing poverty through trade.

The brief suggests that the EU trade agenda should:

  • press at the WTO for an early end-date for export subsidies and reform of domestic subsidies which also contribute to dumping
  • make sharp cuts in domestic sugar production and increase imports from the poorest countries at remunerative prices
  • support the West African cotton initiative at the WTO and press for a solution to the cotton-dumping issue before Hong Kong
  • promote the right of poor countries to decide their agricultural policies within WTO and regional trade agreements
  • aAllow developing countries to choose the pace, scope, and coverage of tariff reduction in the NAMA negotiations, in line with their development needs
  • at the WTO, agree to reduce EU tariff and non-tariff barriers to developing-country manufactured exports, and support LDC demands for duty-free, quota-free access to industrialised-country markets
  • ensure that any Economic Partnership Agreements (EPAs) with Africa, Caribbean and Pacific (ACP) countries include the principle of non-reciprocity, and exclude the Singapore Issues, unless requested. The EU must also offer an alternative to EPAs
  • stop pressing for basic public services to be included in the WTO services agreement
  • support developing countries which wish to limit patent rights in order to ensure access to medicines
  • regulate EU business in developing countries in order to increase social, economic, and environmental benefit
  • offer substantial new trade-related aid, without economic policy conditions attached and without adding to the existing debt burden.