Here’s some beef

Amidst all the hullabaloo about David Cameron heading to Rwanda while parts of his constituency remain flooded, it is worth noting that the report he is unveiling over there has some pretty sound ideas in it.

Writing in the Telegraph this morning, Peter Lilley, the group’s chair, argues that trade is essential and that rich countries must do five things:

“open their markets unilaterally to the products of all low-income countries; liberalise the “rules of origin” that result in 40 per cent of imports that should enter Europe tariff-free paying duties; give incentives to reduce the high tariff barriers between developing countries; abolish export subsidies that damage Third World agriculture; and give more Aid for Trade to help poor countries develop their exports.”