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Friday, 08 June 2012

Germany’s support to developing countries

According to recent updates, Germany has donated EUR 1 million to the WTO Global Trust Fundfor 2012, which is aimed at financing technical assistance programmes and training activities for developing and least developed countries with the aim of enhancing their ability to participate effectively in the WTO negotiations and ensure they fully benefit from the results achieved during these negotiations.
“I welcome this new donation which demonstrates Germany’s continuous commitment to help developing countries fully benefit from the multilateral trading system” declared WTO Director General Pascal Lamy.
Source: WTO Germany’s Ambassador, Dr. Hanns Schumacher, stated that “this donation is a concrete demonstration of Germany’s continuous support to developing countries in better understanding the WTO rules, with the aim of expanding their trading activities and making trade a tool for growth, development and poverty reduction ”.

Source: WTO

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