At a glance: ITC's role in Aid for Trade.
| Date | 01 October 2006 |
| Published date | 01 October 2006 |
Why Aid for Trade is important
Developing countries cannot take advantage of market access agreements if they do not have competitive goods and services to export. They need assistance in building the capacity to trade in challenging world markets.
The world's 50 poorest countries have only a 0.7% share in world trade. By increasing the share equitably (among all LDCs) by just 1%, 130 million people could be lifted out of poverty.
What does Aid for Trade cover?
The trade community agrees that Aid for Trade is essential. Countries need a holistic approach to develop their trade capacity in a sustainable...
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