Busan Issue Paper No. 3

Since the World Trade Organization (WTO) Ministerial Conference in Hong Kong in 2005, ‘Aid for Trade’ (AfT) has become the new catchphrase in international development to foster and promote trade and liberalization. Originating from the 2001 ‘Doha Development Round’, the WTO reasons: “Aid for Trade aims to help developing countries, particularly least developing countries, develop trade-related skills and infrastructure that is needed to implement and benefit from WTO agreements and to expand their trade”[i]. As such, the framework is complementing WTO trade reform and market opening by focusing on capacity building, particularly on trade policy and regulation and improving trade-related infrastructure to ease supply side bottlenecks.

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