Stakeholders mull European Union 'Aid for Trade' Strategy
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2015-07Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa.;Metadata
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In one of the side events organized in the framework of the 5th Global Review of Aid for Trade, was invited to speak at a stakeholder consultation on “The Future of the European Union Aid for Trade strategy”. Touching upon the specific theme of this Fifth Global review – trade facilitation, against the risk of limiting the trade facilitation agenda to those specific measures that respond to the interests of large traders and transnational corporations. Aid for Trade support to Africa should also focus specifically on the needs of small and medium enterprises, as well as informal traders. Moreover, it should support efforts to streamline procedure while enhancing the effectiveness of custom controls, with a view to strengthen domestic resource mobilization and curb illicit financial flows through trade mispricing. Echoing some of the concerns raised also in the African region, other noted that there is scope for reducing the volatility and unpredictability of Aid for Trade support, and improving the degree of alignment with recipient countries’ development strategies.
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“United Nations. Economic Commission for Africa. (2015-07). Stakeholders mull European Union 'Aid for Trade' Strategy. Addis Ababa:. © UN. ECA,. https://hdl.handle.net/10855/36013”Collections
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