Trade Out of Poverty
Let the Poorest Countries Prosper Through Trade
The aims of the campaign: five ways to help trade end poverty
- Open up rich country markets unconditionally to all the poorest countries
- Low Income Countries with average incomes below $2.70 per day account for 20% of world population but only 1.6% of world trade.
- Simplify trade rules to let developing countries share in world trade
- Some small countries in theory have 100% tariff free access to EU markets – but because of complex rules of origin nearly 40% of their exports pay tariffs.
- End rich country export and domestic subsidies which hit poor countries’ trade
- US spends $3billion subsidising and dumping cotton to support just 25,000 growers, undermining livelihoods of millions in Africa. EU subsidises cows by $2 ½ per day – more than the average income in most poor countries, who cannot compete.
- Help Reduce tariffs between poor countries
- The highest tariffs are between the poorest countries: one reason less than one tenth of African exports go to other African countries whereas nearly three quarters of European trade is within Europe.
- Support Investment in roads, ports and administrative structures that make trade possible



