Speaking at a press conference at UNCTAD 14, Members of the European Parliament emphasized that although trade can be a powerful engine of growth, its benefits are not evenly distributed. “The 48 Least Developed Countries still share only 1% of global trade. We need to prioritize the needs of the poorest countries and align trade with other policies. The priority of the Agenda 2030 is to eradicate poverty. Trade has to work for sustainable development and growth”, MEPs said.
Statement by the Spokespersons of the HR/VP Federica Mogherini and Commissioner for International Cooperation and Development, Neven Mimica on the decision to operationalise the African Union Peace Fund