New Trade Support for Least Developed Countries

I am proud of living in a country, Sweden, that always is at the forefront when it comes to giving active capacity building and technical assistance to those who need it most.

This time together with our friends. Last year Sweden made the largest contribution as a percentage of gross national income (GNI) in the world at 1.41% and is one of only six countries meeting the United Nations’ ODA target of 0.7% of GNI.

At the WTO Aid For Trade 2019 ecent another step forward in favor of least-developed countries (LDCs) was taken when: Australia, Denmark, Finland, Germany, Japan and Sweden oresented a plan to commit approximately USD 13 million to the Enhanced Integrated Framework (EIF) to increase LDCs’ share of global trade and to help them deal with the impact of current uncertainty in the global trading environment.

You can read more here: LDC Support.

Source: WTO

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