Aid for Trade

Aid for Trade continues to mobilize international resources. Although commitments slipped 14 per cent to US$ 41.5 billion in 2011, according to the latest available figures, they are still 57 per cent above the 2002-05 baseline period. This increase continues to be “additional” – that is, new money and not funds switched from other aid commitments. The Fourth Global Review of Aid for Trade in July focused on “connecting to value chains”. In December, the WTO’s Ministerial Conference reiterated the mandate given to the Director-General to pursue actions in support of Aid for Trade.