By IANS Jul 4, 2019 11:16:01 AM IST (Published)
Since its launch just over a decade ago, more than $409 billion have been disbursed under the Aid for Trade initiative, reaching 146 countries or territories by helping those to build their trading infrastructure and capacity, said the WTO chief.
Trade has helped lift a billion people from poverty, and it must play the same role in delivering the UN Sustainable Development Goals (SDGs), Director-General of the World Trade Organization (WTO), Roberto Azevedo, said on Wednesday.
He was speaking at the seventh Global Review of the WTO-led Aid for Trade, Xinhua news agency reported.
"In our lifetimes, trade has helped to lift a billion people out of poverty. It was vital in delivering the Millennium Development Goals to halve extreme poverty. Now it must play the same role in delivering the Sustainable Development Goals for 2030," said Azevedo.