The EU-LDC Network, previously known as the
EU-LDC Trade and Capital Relations Network, was initially
set-up in 1993. Its creation was motivated by the recognition
of the increasing importance of economic relations and
co-operation between the European Union, its member states (EU)
and less developed countries (LDC). Reflecting the
pressing concerns raised by "Fortress Europe", the
Network sought to provide a medium for the exchange of
information and analysis of trade and capital policies and
their implications for relations between Europe and developing
countries.
Though trade and investment issues remain a
core element in the Network’s field of interest, policies in
these areas have an important influence on many other aspects
of relations between Europe and developing countries (e.g.
enterprise development, environment, migration, aid and
technical assistance). Recognising this broader scope, the new
name of EU-LDC Network was adopted in 2001. The acronym LDC
here standing for Less Developed Countries, including those
countries categorised as least developed countries. Despite
the change of name and widening of the scope of themes
covered, the essential vocation of the Network is unchanged.
Namely, the focus of the Network is the economic dimensions of
relations between Europe and developing countries.
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