The Inter-American Development Bank (IDB) and the World Trade Organization (WTO), in cooperation with the World Bank and the Government of Peru, will hold the conference Mobilizing Aid for Trade: Focus Latin America and the Caribbean September 13-14 in Lima, Peru.
This is the first of three regional conferences to be held this year in the context of the Aid for Trade (AFT) Initiative launched in December 2005 at the WTO Ministerial Conference in Hong Kong. The other two will be held in late September and October and will focus on Asia and Africa and will be led by the Asian Development Bank and the African Development Bank, respectively.
The AFT Initiative was launched with the purpose of helping developing countries, the least developed in particular, to build the supply-side capacity and infrastructure they need to take advantage of trade liberalization and enhance their participation in the world trading system.
The meeting in Lima will bring together finance and trade ministers, senior donor representatives, regional institutions and key private-sector actors to focus on trade-related challenges in the region, and to set out priorities for future action.
The purpose of this event is to highlight the Latin American and Caribbean (LAC) dimension of AFT, and to encourage governments, donors and the private sector to address specific challenges for the region, to prioritize AFT needs, and to move towards shared solutions to trade-related challenges.
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