UK Commits $1 Million to Accelerate Trade Facilitation for Developing Countries

 

 Designed to streamline the movement of goods and foster greater public-private cooperation, it plays a pivotal role in advancing the implementation of the World Trade Organization’s Trade Facilitation Agreement (TFA). So far, the programme has benefitted 27 countries: 15 in Africa, 3 in Asia and 9 in Latin America and the Caribbean. Its extension will enable continued support and the inclusion of two additional countries through 2026.

 

 Over the past decade, what began as a modest initiative with an annual contribution of $125,000, supporting four developing countries in Africa, has evolved into a comprehensive programme with funding exceeding $6 million. By ensuring ongoing and dynamic coordination, the “Accelerate trade facilitation” programme adapts to the evolving needs of partner countries and global crises, significantly aiding recovery from the COVID-19 pandemic.