Some facts:
- Getting rid of global trade barriers could raise African GDP by up to 6%, lifting tens of millions of people out of poverty. (Oxford Economics 2005)
- If Africa could regain just an additional 1% share of global trade, it would earn $70 billion more in exports each year – several times more than the whole region currently receives in foreign aid. (Commiussion for Africa 2005)
- Despite trade preferences, developing countries still face higher trade barriers in practice than rich. Poor countries with a GDP per capita of under £5,000 a year face an applied EU tariff of 5% on average, while rich countries with a per capita income of over £15,000 a year face a tariff of just 1.6%. (GTAP database v.6)
Please help us at least match the numbers wanting to replace the national anthem with ‘Gold’ by Spandau Ballet...
Nice to see your solidarity with the referendum petition...
ReplyDeletehttp://petitions.pm.gov.uk/EUreferendum/
We always have to go that one step out on our own, don't we?