China Contributes $500,000 to WTO Least Developed Countries

6 May 2015

The Government of China pledged to contribute $500,000 to World Trade Organization (WTO) Least Developed Countries (LDCs) and Accessions Program or the China Program. This will enable LDCs to better integrate into the global economy by strengthening their participation in WTO activities and helping members accede to the WTO. 

The China Program financially supports WTO accession internships, accessions round table meetings, LDCs’ participation in WTO meetings and workshops, including South-South dialogue on LDCs and development.

WTO Director-General Roberto Azevêdo welcomes the new donation while China’s Ambassador Jianhua Yu looks forward to successful implementation of the renewed Program with its extended forms of cooperation. China consistently supported WTO’s Aid for Trade initiative and provided trade-related technical assistance to LDCs over the past three years.

The South Asia Subregional Economic Cooperation (SASEC) Subregional Trade Facilitation Program implements the Asian Development Bank regional cooperation strategy in South Asia and aims to increase intra-regional trade among Bangladesh, Bhutan, and Nepal. Among the SASEC countries, Bangladesh and Nepal are WTO LDC members while Bhutan holds Observer status. 
 

Related Link: 

China pledges USD 500,000 to support WTO accession and least developed countries

Bhutan has successfully completed its first trial transshipment of cargo through Bangladesh's road network and seaports, on 1...

Read More


The seventh meeting of the Bangladesh–Nepal Joint Steering Committee on Power Sector Cooperation convened in Dhaka, Bangladesh, on...

Read More


The Project Steering Committee on India-Bhutan Rail Links project met for the first time in New Delhi on...

Read More


During a bilateral meeting in New Delhi, India, Mr. Piyush Goyal, India’s Commerce Minister, and Mr. Anil Kumar...

Read More


India Prime Minister Narendra Modi’s two-day state visit to Bhutan from 11–12 November further strengthened India–Bhutan relations and ...

Read More


The Governments of Bangladesh and Sri Lanka are developing a joint tourism initiative to strengthen cooperation in the...

Read More


India and Sri Lanka are in talks to establish a ferry route between Rameswaram and Talaimannar. At the...

Read More