With these last two donations, Chinese Taipei’s overall contribution to the WTO trust funds has almost reached CHF 1.5 million (about USD 1.6 million).

This assistance is intended to build the capacity of developing and least developed countries to negotiate effectively within the WTO and help implement WTO agreements and international standards.  These are key areas to protect the trade interests and development needs of the world’s poorest countries.

A first donation of USD 200,000 was offered to the Doha Development Agenda Global Trust Fund. This contribution will be used to finance WTO technical assistance activities targeted especially at the needs of developing and least-developed countries, as well as economies in transition. The aim is to enhance their ability to participate effectively in the WTO negotiations and ensure they fully benefit from the results achieved during these negotiations. 

A second donation of USD 80,000 was provided to the Standards and Trade Development Facility. This contribution will assist developing countries in improving their expertise and their capacity to analyze and implement international sanitary and phytosanitary standards (SPS) thus enhancing their human, animal and plant health situation and ability to gain and maintain market access.

“I welcome Chinese Taipei’s donations to the WTO trust funds. These contributions will allow developing countries to expand their markets mainly through our technical assistance programmes. Complying with international standards is also a major step in securing market access” declared WTO Director General Pascal Lamy.

Chinese Taipei’s Permanent Representative, Yi-fu Lin, stated “Chinese Taipei will continue to provide support to developing and least-developed countries with the aim of increasing their understanding of the WTO. Improving their trading capacity and their participation in the multilateral trading system is crucial, especially in these difficult times, as trade can play a major role in development, growth and poverty reduction.”