Developing Countries need Trade, not Aid

According to my point of view, trade is needed for developing countries, not aid. Because getting aid from developed countries make we developing performance will lazy and reduce self-confidence level. So the trade is important to developing the countries. Trade provide a platform for the mind to grow and enquiry experience on how to develop our country to developing to developed country. Without knowing the value of Demand stones? you have multiple demands on the hand means what is the use of it. It's like you choose to aid, not trade. So the trade is very important for developing the countries.

Thank you.

Developing nations or countries need aids in the short run. In many developing countries it is a reality that they do export primary products which they then import from the developed countries as finished products. Therefore many of the developing countries have a balance of trade deficit.

They therefore need aids from the developed countries in terms of industrial infrastructure so that they can improve on their technology. Through this they will be able to manufacture finished goods which will be competitive in trade.

Developing countries like Kenya need trade but not aid. Trade will provide the platform for minds to grow and enquire experience on how to develop yourself. It will also give room for mutual expansion of the mind on how to utilize the limited resources to maximize human wants.

On the other hand, Aid just makes the minds of citizens in the developing countries not to grow because of that habit of receiving get from developed countries.

Thanks.

Here everyone focused on Trade not aid, let focus on aid too.

1) Infrastructure is not up to the mark to boost trade as it takes 30-35 days at the international ports for loading and unloading the goods. Whereas in china it takes 2-3 days or few hours to load or unload moreover all the ports are not connected with railways and airports so need to develop the infrastructure to increase the trade.

2) Developing nations need both. Trade has huge limitations based on the availability of resources and skilled workforce. And it would take a long time to generate profit from the trade again all such profit is vulnerable to the fluctuation in the market. So trade alone could not help a nation progress. The aid is equally necessary, aid for health, military and infrastructure supplements the growth of any developing nation which they could not afford from their revenue alone.

3) That's where Aid for Trade comes in as financial assistance to build new infrastructure, improve ports or customs facilities in developing countries in short we want to help developing countries "trade" their way out of poverty.

4) Today, the EU and its Member States provide more trade-related development assistance than the rest of the world put together. We contributed a third of world-wide Aid for Trade assistance, or 10.7 bn, in 2010 that's a quarter of our own total official development assistance (ODA) budget. And the results speak for themselves a 10% increase in Aid for Trade spending on infrastructure has been shown to lead to a 6.5% increase in goods exports.

5) The starting point is of course that we use the resources available effectively. This means we need to target Aid for Trade right and priorities especially Least Developed Countries (LDCs).

6) Standards, services, intellectual property rights, public procurement, technical, social and environmental rules, infrastructure and packaging facilities are only possible because of aid in developing countries.

7) It is distinguished from humanitarian aid by focusing on alleviating poverty in the long term, rather than a short term response.

8) The talent which is in us is not given sufficient way to show and our talent remains inside us and later dies with our death.

9) The reason being that that trade is controlled by the developed counties and we have little voice on the exchange rates. Hence trade will produce nothing.

I personally think that the develop countries the once were the economy is in growing stage, in this countries people are in need of products and services and the demand is increasing day by day. However in the area of globalization purchasing power of people has increased so any new product or service lunched will be in high demand in developing nations.

I personally thinks that doing trade with some country is like strengthening your bond with that particular country though it might be in much more profit than yours but you find belief in them that whenever we needed them they would be there to help us out but letting them aid you is some what being slave to them.

It is obvious that developing country need trade without trade the development of the country would be at very slow rate. As we take the example of all developed countries like USA and other developed countries. Which have a trade relation with other countries up to a great extent. Here in India we have many brands of these countries like apple, blackberry etc. As comparison to it we are less no.of brands of our country here in these developed countries. And by having trade with other countries the quality of the product will improve due to great competition to be faced. On the other side if we are offering aid to any country we are making it helpless.

According to me, we as a developing country needs trade instead of aid. By getting aid from other developed countries, we will become lazy in process of development and will not be able to become self-dependent. Though we can become self-dependent as we possess the talent in our country that is needed for this purpose.

We should take help from other countries that's developed countries only at limited extent not always.

Increasing our share in trade will definitely help us in improving our financial status, in increasing our national income and in order to make us a developed country from a developing one.

THANK YOU.

IF today we catch a fish from the nearby pond and give it to a needy person, we would feed him for one time (AID) but if we tell him how to catch this fish (TRADE) then we are feeding him for the whole life. I mean friends we need trade not aid at all. If today we hanker after developed countries for aid somehow in the coming future we would be dominated by them but if we make them our trade partner it will be a good sign for a developing country like India.

China is shining like anything not because it was aided by any country but because it aids even the developed countries by its trade. Friends history is made by the brave person who used to live without any hope of any type of aid, they chosen a self dependent life and in the present scenario a developing country should be self dependent and it can be possible only by developing a good trade.

Developing countries need trade agreed but in present situation India need aid to build trade. In India the infrastructure is not up to the mark to boost trade as it takes 30-35 days at the international ports for loading and unloading the goods. Whereas in china it takes 2-3 days or few hours to load or unload moreover all the ports are not connected with railways and airports so need to develop the infrastructure to increase the trade.