Aid for trade to Africa surpasses other regions, says ECA-led study
View
Download
Published
2011-06Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa.;Metadata
Show full item recordAbstract
African trade experts from member State capitals and the Geneva-based African trade negotiators assembled on Tuesday in Geneva for a roundtable organized by the United Nations Economic Commission for Africa (ECA) in preparation for the 18-19 July, 3rd Global Aid for Trade (AfT) review. The aim of the Review will be to assess the impact of AfT on economic growth, trade creation and poverty reduction. According to the Information and Communication Service of the ECA, the day’s roundtable discussed a collaborative study prepared under the auspices of the African AfT Working Group. The Working Group comprised the African Development Bank, the ECA and the World Trade Organization (WTO). Speaking at the meeting, Stephen Karingi, Acting Director of the ECA Regional Integration and Trade Division said, “AfT to Africa enjoys continuing growth, with no apparent decline, following the global economic crisis and no signs of diversion from other ODA.” He added that compared to other regions, Africa now supersedes Asia as the principal regional recipient of AfT. Accordingly, economic infrastructure continues to enjoy the largest share of AfT to Africa, closely followed by building productive capacity. The study shows that up to USD 7.2 billion has gone towards spending in economic infrastructure.
Citation
“United Nations. Economic Commission for Africa. (2011-06). Aid for trade to Africa surpasses other regions, says ECA-led study. Addis Ababa:. © UN. ECA,. https://hdl.handle.net/10855/33160”Collections
- Africa Sustainable Development Report [5071]
- Africa UN staff news (1973) [5461]
- African Trade Policy Centre [2508]
- Press Releases [7088]
- Statistical training programme for Africa (STPA) News (1987) [5949]
- Trade [2782]