Aid for trade is financial assistance for developing countries specifically targeted at helping them develop their capacity to trade. It can include help in building new infrastructure, improving ports or customs facilities and assistance in helping factories meet European health and safety standards for imports.
The Economic Partnership Agreements (EPAs) between the EU and African, Caribbean and Pacific group of countries are aimed at promoting trade between the two groupings – and through trade development, sustainable growth and poverty reduction. The EPAs set out to help ACP countries integrate into the world economy and share in the opportunities offered by globalisation
Since 1971, the EU has had rules ensuring that exporters from developing countries pay lower duties on some or all of what they sell to the EU. This gives them vital access to EU markets contributing to the growth of their economies. This scheme is known as the "Generalised System of Preferences".