EU donates over €2 million to increase participation of developing countries in trade negotiations
Aid for trade | Brussels, 6 March 2015
The European Union today pledged an additional €2 million to the WTO Doha Development Agenda Global Trust Fund (DDAGTF) and a further €100,000 for evaluating the fund.
The contributions will support the active participation of developing and least-developed countries (LDCs) in the Doha Round negotiations. The DDAGTF finances around 280 activities per year, mostly tailor-made training delivered at regional and national level, covering all trade-related areas including trade facilitation, agriculture and services.
"With these welcome donations, the European Union has again demonstrated its longstanding commitment to helping developing and least-developed countries reap the benefits of trade and better integrate into the global economy," declared WTO Director-General Roberto Azevêdo.
Angelos Pangratis, EU Ambassador to the WTO, stated: "The EU and its member states remain the leading donors of trade-related technical assistance, evidenced once again by our latest contribution to the DDAGTF. In total, the European Union has donated €10.6 million to the DDAGTF since 2003. Trade rules can play an important role in supporting development when appropriately adapted to the needs and priorities of a country. The initiatives financed under the DDAGTF are key for the further integration of developing countries into the global trading system."
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