December 12, 2017

UK pledges US$ 21.3 million to innovative trade programme for least-developed countries

In a significant show of support for trade as a development solution, the United Kingdom government announced at the WTO’s Ministerial Conference on 11 December a commitment of £16 million (around US$ 21.3 million) to 51 of the world’s poorest countries. Channelled through an innovative global trade programme known as the Enhanced Integrated Framework (EIF), the funds will help the least developed countries (LDCs) develop the tools, skills and economic capacity they need to become competitive in targeting new markets for their goods and services.

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