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World Bank Group's Aid for Trade Program

The Aid for Trade is a multilateral initiative to assist developing countries, especially low-income countries, integrate into the world economy as a way to spur growth. Launched formally in 2005 at the Hong Kong Ministerial of the WTO, the initiative was designed to help developing countries take advantage of market openings by overcoming obstacles hampering trade - poor infrastructure, trade-stifling regulations, and policy disincentives - as well as finance domestic adjustment to any new liberalization. The The Aid for Trade Program of the World Bank Group (WBG) is multifaceted, encompassing concessional lending to low income countries and non-concessional lending to middle-income countries for trade-related projects, investments by the World Bank’s private sector arm - the International Finance Corporation (IFC) -in private sector activities such as trade finance, as well as policy advice and technical assistance embodied in studies such as Diagnostic Trade Integration Studies (DTIS) undertaken in the context of the Integrated Framework for Technical Assistance to Least Developed Countries. At present, the WBG is in the process of consultations with all stakeholders to prepare a new trade sector strategy which is intended to further enhance the responsiveness of  the WBG‘s trade programs to the needs of developing countries.

For further information on World Bank Group’s Aid for Trade activities, please consult the following:

July 2011

Better Skills, Better Trade: A World Bank program to establish workplace training centers has helped strengthen Lesotho's export-oriented industry base.

 

July 2011

The Role of International Business in Aid for Trade 

 

July 2011 

What is the World Bank doing on Aid for Trade? 

 

Dec 2010

Aid for Trade and the Least Developed Countries: Opportunities and Challenges in a Post-Crisis World - Sponsors: The World Bank in cooperation with the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States 

 

Jul 2010

Aid for Trade: Building on Progress Today for Tomorrow's Future  by Bernard Hoekman and John Wilson, World Bank Policy Reserch Working Paper 5361 

 

Apr 2010

Aid for Trade: Why, What, and Where Are We? by Bernard Hoekman, Trade Department Director, forthcoming in ''The Doha Development Agenda''

 

 

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Last updated on Jan 4, 2011




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Aid for Trade Programs in Other Organizations