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Chapter 4: EU initiatives on malaysia

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Spf_startfinance_en. 2012_devco_011_social_protection_en. Aid for Trade to developing countries: EU maintains its leading position. European Commission Press release Brussels, 9 July 2012 Aid for Trade to developing countries: EU maintains its leading position The EU and its Member States have once again been confirmed as the largest provider of Aid for Trade in the world, despite the current economic crisis, according to a new monitoring report presented by the European Commission today.

On Trade Related Assistance, the EU and its Member States had already met their €2 billion target, committed in the 2007's EU Aid for Trade Strategy, both in 2008 and in 2009. Development Commissioner, Andris Piebalgs said: "Increasing and improving trade opportunities is part of the solution towards inclusive and sustainable growth of developing countries. Trade Commissioner, Karel De Gucht said: "The EU provides more trade-related development assistance than the rest of the world put together.

Background A good example of the EU's Aid for Trade at work is a project to increase coffee production in a factory in Rwanda. Supporting_a_climate_for_change_en. Activities of the European Union - Development and Cooperation. Investing in our common future In 2011, EU development aid – aid from EU funds and from EU countries' national budgets combined - totalled €53 billion. That amounts to 0.42% of gross national income (GNI) for all EU countries combined, making the EU the world's most generous aid donor. But a joint effort is still needed to reach the target set by the European Council – 0.7% GNI by 2015.

Eradicating poverty for the new millennium The primary objective of EU development policy is to eradicate poverty using a sustainable approach. Adopted by world leaders in 2000 with a 2015 deadline, the UN's eight Millennium Development Goals (MDGs) are key to this. The MDGs range from halving extreme poverty and halting the spread of HIV/AIDS to providing universal primary education. The number of people living in absolute poverty has decreased by 600 million since 1990 but progress towards other MDGs has been less promising. EU and Millennium Development Goals Agenda for Change EU development case studies Top. Com-366.pdf. Karel De Gucht European Commissioner for Trade EU-ASEAN: An efficient machine for the next 45 years Friends of Europe Policy Summit: "ASEAN at 45: Regional Hopes, Global Clout" /Brussels 19 June 2012.

European Commission Karel De Gucht European Commissioner for Trade EU-ASEAN: An efficient machine for the next 45 years Friends of Europe Policy Summit: "ASEAN at 45: Regional Hopes, Global Clout" /Brussels Ladies and Gentlemen, When a tsunami hit Japan and rains flooded Thailand last year, the local and human impact of the disasters was immediately clear. The full economic repercussions took longer to understand. Similarly, faced with the drama of our current economic difficulties in Europe, we may also first think about the consequences for people here.

By the same token, when Europe emerges from its current difficulties, Asian nations will also benefit. These examples remind us that we can no longer think of our economies as closed systems. If this is true then the solution to our current difficulties is twofold. But we also need to free up the transmission system. What the world needs today is more economic integration, not less. With Singapore we have made most progress to date.

Delegation of the European Union to Malaysia. Malaysia. Petronas Twin Towers, Kuala Lumpur The legal basis for EU-Malaysia co-operation is the 1980 EC-ASEAN agreement which has made it possible for Malaysia to benefit from a number of ASEAN and Asia-wide cooperation programmes, RTD Framework programme, and various thematic programmes. The EU Delegation to Malaysia was opened in 2003 and since then dialogue, policy interaction and cooperation with both federal and state authorities, the Malaysian and EU business community as well as the civil society has increased progressively. Malaysia is the EU’s second most important trading partner in ASEAN, after Singapore. No bilateral preferential trade arrangements exist between Malaysia and the EU, but under the new Generalised System of Preferences (GSP), in force since January 2006, the share of Malaysia’s merchandise exports to the EU eligible for preferential treatment rose from 16% to 81%.

Over 70% of Malaysia’s exports to the EU now enter duty-free. Delegation of the European Union to Malaysia. Malaysia. Malaysia has witnessed outstanding economic and social development in recent decades and has one of the highest rates of growth in gross domestic product in Asia. Its relationship with the European Union (EU) is, therefore, important mainly from a trade and investment point of view. The country has traditionally requested minimal external assistance.

In the absence of a bilateral EU-Malaysia agreement, the 1980 EU-ASEAN Cooperation Agreement is the principal framework for cooperation. However, with the opening of a European Commission Delegation in Malaysia in 2003, federal and state authorities, civil society, academia, and the local and EU business communities, have shown much greater interest in cooperation.

It remains the EU’s intention to develop a meaningful dialogue with Malaysia on all political, trade, economic and social issues of common interest. EU Aid programmes 2007-2013 An EU-Malaysia Strategy Paper (2007-2013) Recent assistance During the period 2002-2006 More information.