Germany donates EUR 1 million to help developing countries participate in Doha Round

Germany donates EUR 1 million to help developing countries participate in Doha Round

Germany donates EUR 1 million to help developing countries participate in Doha Round

The FINANCIAL -- The government of Germany is contributing EUR 1 million (CHF 1,042,478) to the WTO’s Doha Development Agenda Global Trust Fund (DDAGTF) in 2015 to help developing countries and least-developed countries (LDCs) improve their participation in the Doha Round, the latest round of trade negotiations among WTO members.

WTO Director-General Roberto Azevêdo said: “Germany’s new donation is very important — it will boost our technical assistance activities which aim to help developing and least-developed countries participate in the world economy. I welcome Germany’s continued generosity.”

Germany’s ambassador Joachim Rücker said: “Germany believes that trade continues to be a critical engine for sustainable economic growth, development, and poverty reduction. Germany takes pride in supporting the excellent work of the WTO by providing technical assistance and training to economies at different stages of development, especially the world’s poorest countries. With its donation of EUR 1 million to the Doha Development Agenda Global Trust Fund for 2015, Germany is showing its strong commitment and determination to assist developing and least-developed countries in participating in the multilateral trading system. Germany’s contribution is a concrete expression of our continued commitment to create inclusive growth through trade and to help combat poverty and foster sustainable development.”

Since 2000, Germany has donated EUR 23,020,402 (CHF 24,015,205) to WTO trust funds, according to World Trade Organization.