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The Second Global Review will evaluate progress made since the First Review,
held in November 2007, and scrutinize how Aid for Trade is being put into
operation in the field. Progress in securing additional, predictable financing
will be discussed and views exchanged on how aid flows can be maintained against
the backdrop of the global recession.
The four key objectives of this Second Global Review are:
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Moving from commitment to implementation: The meeting will assess how is
Aid for Trade making good on its promise as the agenda moves from commitment of
funds (increase of 10% annually since 2005 and funding pledges today standing at
more than $25 billion annually; non-concessional loans add an additional $27
billion) to implementation in concrete projects at multilateral, regional and
national level.
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Integrating trade in national and regional development strategies: The
meeting will analyze how can trade be better integrated into core national and
regional development strategies, what are the obstacles and how this process can
be encouraged.
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Sustaining aid flows during the global economic downturn: This Review
will study the impact that the global economic downturn is having on Aid for
Trade flows, how can donors be persuaded to engage long term through additional
and predictable financing, and what role can emerging South-South donors
play in Aid for Trade.
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Assessing the effectiveness of Aid for Trade: The Geneva gathering will
try to find what conclusions are emerging on the results and effectiveness of
Aid for Trade so far. The second joint OECD/WTO monitoring report “Aid for Trade
at a Glance”, to be published coinciding with the Second Global Review,
highlights that the Aid for Trade initiative has already made remarkable
progress.
“This Aid for Trade meeting is designed to support developing countries as they
seek to better integrate into the multilateral trading system and to take
advantage of export opportunities. This is even more relevant today: Aid for
Trade is needed to prepare poor countries to exit the crisis. This is no time to
fail our development promises,” said WTO Director-General Pascal Lamy.
“The Doha Development round will result in concrete market opening opportunities
for developing countries but without adequate capacity, many countries will be
unable to seize these opportunities and consequently be unable to use trade as a
tool for development and poverty alleviation”.
“Countries need infrastructure, enhanced production capacity and trade-related
training which is essential if trade is to be streamlined into development and
poverty reduction strategies in the developing world. The Aid for Trade
initiative is designed to go hand-in-hand with an ambitious and development
friendly outcome to the Doha round,” Mr. Lamy said.
Mr. Lamy said the WTO and its Aid for Trade partners needed to build upon the
progress achieved so far in regional and international aid for trade forums
while enhancing the role of the private sector, private foundations and civil
society to broaden the base of experiences and resources devoted to trade and
development.
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> Transcript
 Interview
with DDG Valentine Rugwabiza about the Second Aid for Trade Global Review
objectives
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