Home » Campaigns » Campaign - Raw Materials – Raw Deal!

Campaign - Raw Materials – Raw Deal!

The EU’s new trade policy on raw materials will lock developing countries in a cycle of poverty by denying them the right to manage their natural resources in the best interest of their people and environment. Help us to change Europe’s trade policy!

Comhlámh’s new report on the EU’s Trade policy on Raw Materials

A new report –The New Resource Grab – shows how the EU wants to restrict the ability of developing countries to levy taxes on the export of raw materials or to regulate foreign investment. Export taxes and investment regulation, however, are both widely recognized as legitimate policy tools for development and are allowed under WTO rules. They have also been widely used in the past by European member states to develop their own economies. Comhlámh believes therefore that developing countries should be allowed the right to use export taxes and investment regulation, as well as any other policy initiative they deem necessary to develop their economies, derive maximum benefit from their natural resources, protect the environment, and lift millions of their people out of abject poverty.

To request a hard copy please send an email to alfred@comhlamh.org