Challenges to ACP Trade with Europe after the Uruguay Round

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    The global trading environment is in a period of rapid change from which all countries are expected to benefit. The trend towards increased trade liberalisation and more competition is expected to continue in the medium and longer terms with the soon to be created World Trade Organization as a strong advocate for free trade. And unlike the GATT that it replaces, many developing countries are among its founder-members. However, the states of Africa, the Caribbean and the Pacific (ACP) are concerned that the new situation will pose more threats than it will provide opportunities. This group is especially concerned about the impact of the new liberal environment on their trade with the European Union (EU). Under four successive Lomé Conventions, ACP exports have had preferential access to European markets -- and this is now under threat. Read Policy Management Brief 1
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