NEWS RELEASESMarch 10, 2003 (3:45 p.m. EST) No. 24 CANADA CONTRIBUTES $500,000 IN TRADE-RELATED ASSISTANCE TO DEVELOPING COUNTRIES International Trade Minister Pierre Pettigrew announced today that Canada will provide $500,000 to help developing countries better participate in World Trade Organization (WTO) activities. The funding, for trade-related technical assistance and capacity building, will be administered through the WTO's Global Trust Fund. Minister Pettigrew made the announcement in Port of Spain, Trinidad and Tobago, where he attended a meeting with trade ministers from the Caribbean Community and Common Market (CARICOM). "Through technical assistance, we are helping developing countries to benefit from the world trading system as well as providing them with tools to further their own interests at the WTO," said Minister Pettigrew. This funding supports specific commitments made to developing countries through the WTO's Doha Development Agenda. These include enhancing the negotiating capacity of developing countries, as well as helping them to adjust to WTO rules and implement their WTO obligations. The funding will be distributed as follows: • $100,000 for a regional seminar on dispute settlement procedures and practices for Latin America, to be held from March 10 to13; • $100,000 for a technical barriers to trade workshop on technical assistance for various developing countries, to be held from March 18 to 20; • $150,000 for a regional seminar on customs valuation for French-speaking African countries, to be held from March16 to 29; • $100,000 for a regional seminar on sanitary and phyto-sanitary measures for Central American countries, to be held from March 24 to 26; and • $50,000 for a regional seminar on subsidy disciplines for Caribbean countries, to be held from March 31 to April 2. This funding is in addition to $1 million Canada previously contributed to the WTO's Global Trust Fund, and $300,000 donated to the WTO's Training Institute. For more information regarding Canada's trade and development initiatives, please visit the Department of Foreign Affairs and International Trade's Development and Society Web page at: http://www.dfait-maeci.gc.ca/tna-nac/social-en.asp Funding for this initiative was provided for in the February 2003 federal budget and is therefore built into the existing fiscal framework. - 30 - For further information, media representatives may contact: Sébastien Théberge Director of Communications Office of the Minister for International Trade (613) 992-7332 Media Relations Office Department of Foreign Affairs and International Trade (613) 995-1874 |