Home breadcru News breadcru Import/Exports breadcru WTO & OECD hikes LDC TRTA/CB fund by 50pc

WTO & OECD hikes LDC TRTA/CB fund by 50pc

13 Dec '05
2 min read

- Trade development — to help enterprises to trade and create a favourable business climate — up from USD 1.3 billion to an average of USD 2.1 billion over the same period; and

- Infrastructure — to help countries build the physical infrastructure to produce and move goods and export them — some USD 9.3 billion in 2003.

The report includes the results of a survey that shows that donors have become much more active in this area over the last few years — through increased funding; explicit strategies and programming guidelines to develop trade; more awareness of the role of trade assistance in poverty reduction; and strengthened dialogue between development and trade practitioners.

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.

World Trade Organization

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