Aid-for-Trade Initiative

Current Context : Recently, Aid for Trade in Action report is released by World Trade Organization (WTO).

• This report supports the transition to clean energy, which highlights the Aid-for-Trade Initiative.

ABOUT AID-FOR-TRADE INITIATIVE

• It is led by the WTO, grew out of the 2005 WTO Hong Kong Ministerial Conference.
• Aim: to help developing economies integrate into world trade by mobilizing additional development support to address supply side capacity and trade‑related infrastructure constraints in these economies.
• Objectiove : to mobilize financial resources to address the trade‑related constraints identified by developing economies and leastdeveloped countries.