> Enhanced Integrated Framework
> Aid for Trade
Other WTO Ministerials:
> Hong Kong
13–18 Dec 2005
10–14 Sept. 2003
Doha 9–14 Nov. 2001
Seattle 30 Nov.–3 Dec. 1999
18 & 20 May 1998
9–13 Dec. 1996
- The EIF is operational — the partnership is now focusing on efficient delivery and impact on the ground.
- Market access needs to be accompanied by a package of Aid for Trade measures. For the LDCs, this is provided through the EIF.
- Ministers identified three key areas on which to focus:
(i) ensuring effective delivery and impact on the ground; proof that funds are spent effectively and that duplication is avoided;
(ii) ensuring predictable funding from donors, which is needed now more than ever before; and
(iii) tackling issues related to governance, including moving to a permanent EIF Board focused on strategic issues.
Donors speaking in support of the EIF were the United Kingdom, Sweden, Turkey, Spain, Canada and Japan. The DG invited delegations to share concrete, specific experiences on how the EIF is starting to make a difference. LDCs who spoke included Mali, Yemen, Zambia, Cambodia, Malawi and Lao People's Democratic Republic. Patricia Francis, Executive Director of the International Trade Centre, and Dr Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development (UNCTAD), reconfirmed the full commitment of both organizations as EIF core agencies.
Delivery and impact on the ground
The breakfast confirmed that all have a part to play in demonstrating the EIF's success: LDCs; trade ministries, mainstreaming and taking forward key reforms to ensure that Aid for Trade is turned into trade flows, jobs and poverty reduction; donors and agencies through their funding and strengthened coordination between their capitals and local offices.
A predictable flow of resources is needed. The recent financial crisis has heightened this need. The necessity to develop the EIF's capacity to assist LDCs over the next five years is more crucial than ever. The remainder of pledges from the EIF High Level Pledging Conference in Stockholm in 2007 need to be mobilised. In tandem, EIF partners will undertake a review, in early 2010, to re-evaluate the total resources needed over the next five years, taking into account the fact that there are now more LDCs in the EIF and that the value of the dollar has depreciated against other major currencies.
Helping LDCs accede to the WTO is very important; they should take advantage of the EIF process to build their supply-side capacity so that they can benefit from the increased market access that results from accession.