This donation will finance a wide range of trade-related technical assistance activities to help developing and least-developed countries (LDCs) to improve their participation in the Doha Round and better integrate into the world economy.

“Korea’s regular contributions are important to help developing and least-developed countries to engage more fully in the global trading system and better integrate into the world economy,” declared WTO Director-General Roberto Azevêdo.

Seokyoung Choi, Ambassador of the Republic of Korea, stated: “Korea has been supporting developing and least-developed countries with the aim of strengthening their supply-side capacities and making trade an essential tool for growth, development and poverty reduction. Trade is an even more crucial instrument, given the economic difficulties we are facing today. Korea is certain that the Global Trust Fund will contribute to integrating developing and least-developed countries into global value chains.”