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Working together on transforming 'Aid for Trade' into 'Investment for Trade'.

The purpose of Aid for Trade is to provide developing countries increased financial and technical assistance in the area of trade to enable them to take advantage of multilateral trade liberalization which in turn would contribute towards their development and reduction of poverty.

Aid for Trade is geared to generating growth, employment and income and therefore a contribution to the first of the Millennium Development Goals namely to reduce the proportion of people living on less than a dollar a day (MDG 1). It is directly linked to MDG 8, which aims to establish a global partnership for development, in particular to develop further an open trading and financial system that is rule based, predictable and non-discriminatory, as it supports development of supply-side capacity for countries to utilize trade more effectively.

The Aid for Trade initiative is rooted in the premise that trade liberalization supports long-term development in all developing countries, regardless of their differences, provided that they are assisted to cope with the cost of adjustment to trade liberalization and to enhance their trading capacity.

The purpose of this website is to give a reader a conceptual understanding of what is Aid for Trade and its importance towards development; and to provide comprehensive information on the work done by various agencies and their relevant publications. Through this website, we aim to create one umbrella where important/relevant information is available to facilitate the coordination and monitoring of Aid for Trade amongst various stakeholders to make it more effective.

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