Trade regimes applicable to developing countries

01-02-2018

The EU’s development policy stresses the importance of trade and focuses on the countries most in need. The Generalised Scheme of Preferences gives some goods from developing countries preferential access to the EU market. Economic Partnership Agreements ensure preferential commercial treatment for African, Caribbean and Pacific countries, while the Everything But Arms scheme applies to Least Developed Countries. These schemes are in line with World Trade Organisation rules.

The EU’s development policy stresses the importance of trade and focuses on the countries most in need. The Generalised Scheme of Preferences gives some goods from developing countries preferential access to the EU market. Economic Partnership Agreements ensure preferential commercial treatment for African, Caribbean and Pacific countries, while the Everything But Arms scheme applies to Least Developed Countries. These schemes are in line with World Trade Organisation rules.