Aid for Trade at a Glance 2009: Maintaining Momentum
Numerous barriers prevent developing countries — in particular, the least developed — from taking advantage of trade opportunities that could help them reduce poverty. The Aid for Trade initiative has successfully built awareness of the support these countries need to surmount these barriers.
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> Press release: Launch of the Second Global Review of Aid for Trade
As a result, more and more developing countries are raising the profile
of trade issues in their development strategies, and donors are
responding by increasing the resources they provide to build trade
capacity in areas such as policy, institutions and infrastructure.
This Aid for Trade monitoring report — the second of its kind — documents the success of the initiative to date. It examines trends and developments and presents a comprehensive analysis of donor and partner country engagement. In addition, it addresses the regional dimension of Aid for Trade and showcases three cross-border infrastructure projects. Finally, the report provides fact sheets that help in assessing the outcomes and impacts of Aid for Trade.
The main conclusions are positive. Nonetheless, the outlook is affected by the current global economic crisis. Aid for Trade is now, more than ever, essential to help suppliers from developing countries build capacity and penetrate global markets. The key message of the report is clear: Aid for Trade must remain an essential component of development assistance. It offers a number of steps, in this respect, that can advance the Aid for Trade dialogue.
Published in 2009