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© iStockPhoto/T. Grajeda |
Aid for Trade
In development circles, trade is becoming accepted as a way to address poverty. There is growing attention paid to Aid for Trade. The World Trade Organization is stepping up its advocacy and coordination role to ensure that developing countries improve their capacity to trade, working closely with ITC and others in the process. This comes at a time when the way development assistance works is being rethought within the international community and when new models are being tested.
The articles below provide a flavour of the emerging trends, with contributions from Pascal Lamy, head of the WTO; the Chair of the WTO Task Force on Aid for Trade, Ambassador Mia Horn af Rantzien; and views from ITC on making aid for trade more effective.
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© ITC/R. Franz Women sort and prepare ginger for export. |
In Sierra Leone, Ginger Trade Helps Recovery
By Trade Forum team
Sierra Leone’s export development authorities are working to revitalize the ginger industry, a route out of poverty after years of war. This story is based on an interview with Abu Bakkar Kebbay, from the export development agency of the Ministry of Trade and Industry.
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© Millennium Cities Initiative The market in Mali’s capital, Bamako, is a hive of activity. |
Africa: The FDI Opportunities are Local
By Karl P. Sauvant *
Africa has traditionally not been on the radar screen of foreign direct investors. The reasons include the “Balkanization” of the continent and hence its small markets, its weak infrastructure and an image problem: in much of the world Africa’s image is dominated by pictures of civil war, sickness and famine.
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© Fundacion Export.ar Mr Khalfan at the 6th World Conference of Trade Promotion Organizations. |
Tanzania, Unveiling a Hidden Gem
Tanzania is working to make itself better known to attract foreign buyers and tourists.
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© MCC A farmer plants a geranium, Vakinankratra region of Madagascar, February 2007. |
Countries Bring Trade into Development Projects
By Maureen Harrington, Millennium Challenge Corporation
Countries are putting priority on trade-related assistance in this new model for financing development projects, by the Millennium Challenge Corporation.
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New Aid for Trade Partnership with the African Union
By Natalie Domeisen, ITC
A new partnership to develop trade in Africa will back up the efforts of businesses and governments at a time when Africa’s trade prospects are looking up.
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© WTO “Aid for Trade is about investing in developing countries so they can use trade as an engine for growth, development and poverty reduction.” |
Advocacy for “Aid for Trade”
By Pascal Lamy, Director-General, WTO
Aid for Trade has become an important element of the World Trade Organization’s work in the past year, a job that requires it to take on an advocacy and coordination role.
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© Ministry of Foreign Affairs, Sweden |
Aid for Trade: A Wider Scope
Go beyond trade policy when addressing what you need to improve your country’s trade performance, recommends the Aid for Trade Task Force.
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© International Trade Centre |
ITC’s Role in Aid for Trade
Why Aid for Trade is importantDeveloping countries cannot take advantage of market access agreements if they do not have competitive goods and services to export. They need assistance in building the capacity to trade in challenging world markets.
Click here to see slide show
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© Istockphoto/ A. Volodin |
Aid for Trade: We Can Do Better
By Stephen Browne, Deputy Executive Director, ITC
Turning aid recipients into consumers, and enabling them to take charge of the process, will help to make aid for trade more effective.
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© Istockphoto/ E. Turudu |
Getting the Framework Right
By Siphana Sok, ITC
Country ownership, a stronger voice for business and non-governmental organizations (NGOs) and stronger institutional backing are essential lessons from a valuable process to coordinate trade assistance in the world’s poorest countries.
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Aid for Trade — ITC’s Response
With billions of dollars at stake, Aid for Trade can be a shot in the arm for developing countries. When defining the scope, pay attention to the supply side, say ITC and its clients.
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“Enhanced Integrated Framework” Serves as Model for Aid for Trade
The Integrated Framework (IF) is an international initiative through which the International Monetary Fund, ITC, United Nations Conference on Trade and Development, United Nations Development Programme, World Bank and World Trade Organization combine their efforts with those of least developed countries (LDCs) and donors to respond to the trade development needs of LDCs.
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Patricia Francis, Executive Director, ITC © ITC/ M. Stefanovic |
Trade Development in Action
“Helping developing countries export better is a stepping stone to development,” said many delegates at ITC’s annual meeting in April 2006.
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Using Trade Forum Collections - Aid for Trade
The “Aid for Trade” initiative was launched by the World Trade Organization in 2005 to help poorer countries strengthen their economies by developing their export strategies and productive capacity to allow them to export more and successfully face the challenges of globalization. The collection below features the views on Aid for Trade of some of the key players in this area, followed by success stories that show how a little help can go a long way to making businesses more competitive in the international marketplace.
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