17 December 1998
Britain pledges to help developing world benefit from globalization
Britain and the World Trade Organization today signed an agreement to assist developing countries in participating more effectively in the international trading system.
The contribution will be used to help the WTO fund training and technical seminars designed to help developing countries better understand their rights and obligations under international trade agreements.
Mr. John Vereker, Permanent Secretary at Britain's Department for International Development (DFID), signed the Memorandum of Understanding with Mr. Renato Ruggiero, Director-General of the WTO in Geneva.