Aid for Trade Fi Fifth th Meetin ing of Trad ade Minis isters - - PowerPoint PPT Presentation

Aid for Trade

Fi Fifth th Meetin ing of Trad ade Minis isters rs of Land Landlocked De Develo loping Coun untrie ries

The Theme: : Harn arnessin ing the he Trad Trade Pot

• tentia

ial of

• f the

he LLDCs to

• Imple

lement the he Vi Vienna Prog rogramme of

• f

Act ctio ion for for LLDCs and and 203 2030 Age genda for for Sust Sustain inable Development 23-24 June 2016 – Geneva, Switzerland Michael Roberts Head, Aid-for-Trade Unit WTO Development Division 1

Outline

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• Aid for Trade – Mandate and Scope
• LLDCs:
• Impacts of high trade costs
• Aid-for-Trade Case Stories
• Promoting Connectivity
• Conclusions

Aid for Trade: 6th WTO Ministerial Conference

Mandate: “Aid for Trade should aim to help developing countries, particularly LDCs, to build the supply-side capacity and trade-related infrastructure that they need to assist them to implement and benefit from WTO Agreements and more broadly to expand their trade”.

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Aid-for-Trade

Mainstreaming of trade – in national and regional development frameworks; donor policies. Support for regional trade integration. Trade Facilitation. Strengthening private sector engagement. Monitoring and evaluation.

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Trade-related policy and regulations. Trade-related infrastructure. Building productive capacity. Trade-related adjustment. Other trade-related needs.

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Since 2007, the 5 Global Reviews of Aid for Trade have maintained commitment on the mainstreaming of trade in development policies.

Landlocked Developing Countries (LLDCs) (32)

FYR of

WTO Members 25 In process of WTO accession 5 LDCs 16

LLDC respondents to AfT questionnaire (16)

Afric ica Asia ia Lat Latin in Amer eric ica Europe Botswana Afghanistan Paraguay Burkina Faso Bhutan Central African Republic Lao DPR Chad Mongolia Lesotho Nepal Mali Rwanda Swaziland Uganda Zimbabwe

LLDC responses to AfT Questionnaire

Most important sources of trade costs for the export of merchandise goods

14 7

LLDC responses to AfT Questionnaire

Most important sources of trade costs for the export of services

10 20 30 40 50 60 70 80 90

%

9 5 3 6 7 3 7 13

LLDC responses to AfT Questionnaire

How have your trade costs evolved over the past 5 years?

%

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5 1 1 3 5

LLDC responses to AfT Questionnaire

Action taken by governments to reduce trade costs

15 13 9 14 6 %

LLDCs – Average time to import/export 2014

Source: World Bank Development Indicators 10 20 30 40 50 60 70 LLDCs Africa LLDCs Asia LLDCs Europe LLDCs Latin America Time to Import (days) Time to Export (days)

LLDCs – Average cost to Import/Export 2014

(per container)

Source: World Bank Development Indicators

500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 LLDCs Africa LLDCs Asia LLDCs Europe LLDCs Latin America Cost to Import Cost to Export US$

LLDCs – Average cost to Export 2014

(per container)

1,000 2,000 3,000 4,000 5,000 6,000 7,000

LLDCs Africa

Cost to Export Average cost to export (Africa) Average cost to export (Global)

US$

LLDC – Responses to AfT questionnaire

Impact of TFA implementation on evolution of trade costs

5 10 15 20 25 30 35 Unsure No capacity to estimate More than 10% reduction Between 0-10% reduction

% 3 4 4 5

LLDCs Aid-for-Trade Case Stories

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LLDCs Aid-for-Trade Case Stories

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Promoting Connectivity

Theme of the 2016-2017 Aid- for-Trade Work Programme and Sixth Global Review Focus on:

• Trade Facilitation.
• E-commerce.
• Infrastructure, services and

investment climate reforms.

• TFA implementation

assistance.

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Conclusions

• Research highlighting the impact of high trade costs on

economic growth and development of LLDCs.

• Trade costs – natural / man-made.
• Actions being undertaken by LLDCs and supported by

development partners yielding results.

• Theme to be further progressed in Sixth Global Review.
• More needs to be done.

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Thank you

For more info formatio ion vis visit it: www.aid id4tra rade.org rg and the the WTO TO websit ite: www.wto.org

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