Source: World Trade Organization (WTO) |

Coronavirus - Africa: Liechtenstein donates CHF 40,000 to help developing countries expand trading capacities

To assist developing countries and least-developed countries (LDCs) in enhancing their trading capacities

This is all the more important given the manifold repercussions of the COVID-19 pandemic on the populations of these countries

GENEVA, Switzerland, July 21, 2020/APO Group/ --

Liechtenstein has contributed CHF 40,000 in 2020 to assist developing countries and least-developed countries (LDCs) in enhancing their trading capacities. This donation will finance training workshops and seminars supported by the WTO’s DDA Global Trust Fund, with the aim of improving the skill-set of government officials from across the world.

Over 2,800 activities have been organized since the fund was created in 2001.

Director-General Roberto Azevêdo said: "Liechtenstein's donation will help government officials from developing countries and LDCs deepen their understanding of trade issues and challenges, making them better equipped to help their countries integrate more fully into the global trading system. I welcome Liechtenstein's sustained generosity."

Liechtenstein's WTO Ambassador, Peter Matt, said: "Liechtenstein is a staunch supporter of an inclusive and rules-based multilateral trading system. We are pleased to be renewing our support to the DDAGTF to help developing and least-developed countries further integrate into the global trading system. This is all the more important given the manifold repercussions of the COVID-19 pandemic on the populations of these countries."

Overall, Liechtenstein has donated approximately CHF 700,000 to this fund over nearly 20 years.

Distributed by APO Group on behalf of World Trade Organization (WTO).