International Finance
Economy

Sweden donates SEK 500,000 to support LDCs’ participation in Ministerial Conference

The conference will take place on 10-13 December 2017 in Buenos Aires, Argentina

The government of Sweden is contributing SEK 500,000 (approximately CHF 60,000) to assist the participation of least-developed countries (LDCs) in the eleventh WTO Ministerial Conference (MC11), which will take place on 10-13 December 2017 in Buenos Aires, Argentina.

Director-General Roberto Azevêdo said: “Sweden’s donation will be essential to ensure that the LDCs’ voice features prominently in global trade negotiations, thereby helping more people to leverage the opportunities that international trade offers. I welcome Sweden’s generosity.”

Sweden’s Ambassador, Daniel Blockert, said: “Sweden remains strongly committed to promoting the active participation of LDCs in the multilateral trading system, including at WTO Ministerial Conferences. We believe in inclusive trade so that all nations, all businesses and all citizens have the opportunity to gain from an economic tool that is essential for growth, development and elimination of poverty.”

Overall, Sweden has donated more than 3 million to WTO trust funds this year.

What's New

IF Insights: Unveiling hidden poverty crisis in Lagos slums

IFM Correspondent

IMF projects 4% growth rebound in MENA in 2025 amid geopolitical worries

IFM Correspondent

Vision 2030 reshaping women’s lives in Saudi Arabia: Princess Reema

IFM Correspondent

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.