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

Bangladesh and Maldives are exploring a direct shipping link to strengthen maritime connectivity and further deepen bilateral trade. The proposal was...

Read More


Mr. Md. Shafiqur Rahman, Bangladesh Ambassador to Nepal, and Mr. Gunakar Bhatta, Nepal’s Vice-Chair of the National Planning...

Read More


Bhutan has begun construction of its temple complex in Lumbini, Nepal, on 28 June 2026, marking a major step in...

Read More


Mr. Jayant Singh, chairman of the Land Ports Authority of India (LPAI), shared that the LPAI plans to construct seven to...

Read More


The Governments of India and Nepal held the 10th Project Steering Committee (PSC) and the 8th Joint Working...

Read More


Bangladesh reaffirmed its commitment to fostering regional cooperation among Bay of Bengal Initiative for Multi-Sectoral Technical and Economic...

Read More


Tata Power and Bhutan's Druk Green Power Corporation (DGPC) have expanded their clean energy partnership by adding the 404...

Read More