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More on technical assistance
Ambassador CHOI Hyuck, Korea's Permanent Representative to the WTO and
Dr. Supachai Panitchpakdi, Director-General of the WTO signed today the
Memorandum of Understanding on the contribution by Korea.
“As one of the countries that have traded their way out of poverty,
Korea stands firm in its faith that increased participation in the
multilateral trading system is the key for economic development” said
Korean Ambassador CHOI Hyuck. “The WTO technical assistance activities
provide a highly valuable opportunity for developing and least-developed
countries to strengthen their capacity to realize the gains from
participation in the multilateral trading system. Korea’s yearly
contribution represents its continued support for WTO's commitment to
trade-related capacity building of developing and least-developed
“I very much welcome Korea's contribution” said WTO Director-General Supachai. “While technical assistance activities have significantly
increased, there is still much that can be done to help developing and
least-developed countries not only to participate fully in the
negotiations but also to benefit from the multilateral trading system”.
As a strong supporter of WTO technical assistance activities, Korea has
contributed over US$ 940,000 since 2001.
From left to right: Ambassador CHOI Hyuck, Korea's Permanent
Representative to the WTO and Dr. Supachai Panitchpakdi, Director-General
of the WTO.
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