Chinese Taipei has pledged USD 100,000 to support the World Trade Organization's (WTO) capacity-building activities aimed at helping government officials from developing economies and least-developed countries (LDCs) better understand WTO agreements and promote their national interests. The funding will be channeled through the WTO’s Global Trust Fund, which since 2001 has organized around 2,800 workshops to assist these countries in using trade as a tool for economic development.
Director-General Ngozi Okonjo-Iweala stated: "Chinese Taipei's consistent support for our technical assistance programmes makes a real difference for developing and least-developed members working to build their trade expertise and benefit more fully from the multilateral trading system. This latest contribution will help further bridge knowledge and capacity gaps."
Dr Jau-Yuan Hwang, Permanent Representative of Chinese Taipei, said: "As a responsible and supportive member of the WTO and the broader multilateral trade system, the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu firmly believe in the importance of inclusive trade and support, especially regarding developing economies and least-developed countries (LDCs). We are committed to ensuring that no one is left behind. We have the capability to help, and we are already making a difference."
Since 2002, Chinese Taipei has contributed about CHF 2.3 million to the Global Trust Fund in order to help all WTO members participate effectively in international trade.