Press Release: G8 Summit : European Commission President Barroso launches EUR1 billion aid for trade pledge

Speaking at a press conference in Gleneagles in Scotland before the opening of the G8 Summit, José Manuel Barroso, the President of the European Commission, pledged €1 billion per year to support the trading capacity of developing countries, 6 July 2005. EU aid for trade helps poor countries make use of the export opportunities provided by market opening. President Barroso was representing the EU at the G8 summit along with the UK presidency, attending as the '9th man at the G8 table'. He announced details of the aid for trade deal and set out his key demands for the G8 summit.

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