Trade Policy and the European Union

EU is presently doing this to many developing countries and the EU thinks it could do more by extending its openness to other countries as well. &nbsp.As a manifestation of their commitment, they take into consideration the developments of these countries in every bilateral agreement the EU enters into.
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1. European Union’s trade policy. European Union has an established coherent policy decided upon by the Community’s Commercial policy and implemented by the twenty-five EU member states. The EU trade policy covers changes in tariff rates, the conclusion of tariff and trade agreements with non-member countries, uniformity in liberalization measures, export policy and instruments to protect trade such as anti-dumping measures and subsidies. Uniformity has to be carried on and any product entering any ports in Italy, UK or Portugal.. (Meredith, Tom) 2. Preferential arrangements. EU has contracted bilateral trade agreements with many developing countries and hopes to reach all of the 171 developing countries. As one of the strategies in implementing this trade policy, the EU has been a member of several trade agreements and partnerships. First, it is a member country of the World Trade Agreement and a promoter of pro-development measures (EU Commission)

2.1. The Doha Round. As a member of WTO, the EU helps in working out the appropriate solution to the particular needs of the developing countries being discussed in the WTO “Doha Round”. The Doha round is trade negotiations started in Doha, Qatar in 1999 participated in by developing countries. These negotiations hope to reach an agreement that will see many of the WTO’s 152 countries cut subsidies to their producers and stop protecting home markets by lowering tariffs to let their products in. It is also a deal to increase trade in these countries.