Trade regimes applicable to developing countries

01-02-2018

The EU’s trade, growth and development policy places trade at the centre of development and focuses on the developing countries most in need, as does the Generalised Scheme of Preferences. Economic Partnership Agreements (EPAs) ensure preferential treatment for ACP countries while the Everything But Arms scheme still applies to Least Developed Countries (LDCs). A new EU Aid for Trade strategy, issued in November 2017, is under discussion. The EU continues to support a WTO system that promotes development.

The EU’s trade, growth and development policy places trade at the centre of development and focuses on the developing countries most in need, as does the Generalised Scheme of Preferences. Economic Partnership Agreements (EPAs) ensure preferential treatment for ACP countries while the Everything But Arms scheme still applies to Least Developed Countries (LDCs). A new EU Aid for Trade strategy, issued in November 2017, is under discussion. The EU continues to support a WTO system that promotes development.