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Add to Preferred SourcesLithuania is contributing EUR 50,000 (CHF 53,000) to help developing and least-developed countries take an active part in global trade negotiations. The contribution was acknowledged by Director-General Roberto Azevêdo at a meeting with Lithuania’s Minister of Foreign Affairs, Linas Linkevičius.
Lithuania’s donation to the WTO’s DDA Global Trust Fund will finance training workshops for government officials to increase their trade negotiations skills and help them implement WTO agreements. Over 2,800 workshops have taken place since the fund was created in 2001.
DG Azevêdo said: “Inclusivity is central to the effectiveness of the multilateral trading system. I thank Lithuania for contributing to meeting this important goal.”
Minister Linkevičius said: “Supporting multilateralism not only with words but with actions is now more important than ever. Lithuania strongly believes that rules-based trade fosters economic growth and development. We are happy to be contributing to the WTO’s efforts to help developing countries implement WTO rules. “
Overall, Lithuania has donated approximately EUR 370,000 (just over CHF 390,000) to the various WTO trust funds over nearly 20 years.
Original source: WTO
Published on 24 February 2020