19 June 2005

you heard it here first: break up CAP for Africa's sake

I mentioned before that the EU budget crisis [as it's turning out to be] might open up some useful possibilities for African development. It looks like Downing Street have caught on to that synergy, now, too.
"Downing Street said the CAP 'has a detrimental effect on the capacity of developing countries to export their own products through world markets, and this is why we are arguing that it should be reformed as part of a global deal on export subsidies, which should be ended by 2010'.
'Trade is vital to empowering developing countries to stand on their own feet,' said a spokesman for Gordon Brown. Britain wants the EU to abolish export subsidies within five years, without demanding tit-for-tat concessions from poor countries, at this year's critical World Trade Organisation talks.
"
Having now made that argument just before G8, it'll be harder to back off from too.
The Observer | Business | Blair vows to break up CAP for Africa's sake:

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