Trade Out of Poverty

Let the Poorest Countries Prosper Through Trade

Fisherman 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