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Wednesday, May 30, 2012
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US offers USD 1.2 million to WTO programme for developing countries

21/07/2011 08:26 (314 Day 06:34 minutes ago)

The FINANCIAL -- The United States will contribute USD 1.2 million for trade-related technical assistance to the WTO.

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The WTO’s TRTA program provides training for developing countries that enhances their ability to analyze issues, assess their interests and participate effectively in the negotiations and other WTO activities. The program also provides these nations with assistance in meeting their WTO obligations and ensures they fully benefit from the results of being a WTO Member.


“The United States is committed to work with developing countries as partners in the global trading system.  This contribution reflects our commitment to ensuring that developing countries can participate effectively in all the activities of the WTO, including the Doha Round of world trade negotiations, and to ensure that they enjoy the benefits of being WTO Members,” said U.S Trade Representative Ron Kirk.  “We continue to believe that working through the WTO to create meaningful new opportunities for farmers, manufacturers and service providers will help these countries meet their development objectives and improve the well-being of their people.”

“I welcome this new donation which demonstrates the US continuing commitment to help developing countries benefit from the multilateral trading system and better integrate in the global economy”, declared WTO Director General Pascal Lamy.

The U.S. contribution, which was approved by Congress, will be part of a technical assistance fund that developing nations can use for assistance in analyzing issues, assessing individual country interests, and meeting their WTO obligations.

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Politics
Nikolic's first official trip will be to Brussels

25/05/2012 08:31 (5 Day 06:29 minutes ago)

The FINANCIAL -- Serbian president-elect Tomistlav Nikolic will make Brussels his first official visit after he takes office in the coming weeks, Slovak Foreign Minister Miroslav Lajcak told media Thursday.

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