| Ireland donates EUR 1.1 million to two WTO development programmes |
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20/11/2009 14:01 (81 Day 04:33 minutes ago) | |||||
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The FINANCIAL -- Ireland has donated EUR 1.1 million (about CHF 1.6 million) to the Doha Development Agenda Global Trust Fund (DDAGTF) and the Internship Programme for the Mission of Selected WTO Members in Geneva.
"A first donation of EUR900,000 (about CHF1.3 million) was offered to the Doha Development Agenda Global Trust Fund. This contribution will be used to finance WTO technical assistance activities targeted especially at the needs of developing and least-developed countries, as well as economies in transition. The aim is to enhance their ability to participate effectively in the WTO negotiations and ensure they fully benefit from the results achieved during these negotiations," WTO reported.
A second donation of EUR200,000 (about CHF300,000) was given to the Internship Programme for the Mission of Selected WTO Members in Geneva. This Programme helps missions from developing countries enhance their understanding of the multilateral trading system and trade policy in general.
WTO Director General Pascal Lamy declared “ I welcome Ireland’s donations to the WTO trust funds. These contributions will allow developing countries to expand their markets mainly through our technical assistance programmes and will help them to benefit fully from the multilateral trading system.”
Irish Ambassador to the WTO Dáithí O’Ceallaigh said “Ireland has continuously supported WTO trade-related technical assistance to developing and least-developed countries. Understanding how the multilateral trading system works is key for these countries to develop their trade capacity and take better part in the global marketplace, as trade can play an important role in fostering growth and reducing poverty”.
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