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The 2030 Agenda for Sustainable Development with the Sustainable Development Goals at its core calls to “(…) increase aid-for-trade support for developing countries, in particular least developed countries.” In response, the OECD Action Plan on the Sustainable Development Goals: Better Policies for 2030 also argues for further promoting aid for trade and ensuring that it supports the achievement of the Sustainable Development Goals.
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This paper assesses the achievements and challenges of the WTO-led Aid for Trade initiative. After outlining the achievements, the paper discusses where to put the emphasis, how to expand partnerships, how to enhance effectiveness; and, most importantly, how to retain interest in using aid to make trade work for the poor.
This note describes some of the major implications and opportunities presented by the new agenda, and the implications for the OECD and its Members in policy formulation, implementation, measuring and monitoring. It gives examples of the contributions the OECD could make to support, monitor, and review progress towards the SDGs to 2030 by drawing on a range of existing policy instruments, dialogue platforms and indicators.
We have come a long way since 2005, when we launched the Aid for Trade initiative in Hong Kong at the 6th WTO Ministerial Conference. Each successive global review has deepened our analysis and broadened our understanding of the dynamics of aid, trade, development and their interaction. In parallel, more and more partner countries and donors have come on board as the tangible results of our efforts become apparent.
The 2013 report Aid for Trade at a Glance: Connecting to Value Chains analyses the strategies, priorities, and programmes from the public and private sectors in developing and developed countries to connect developing country suppliers to value chains. The publication was launched at the 8-10 July 4th Global Review of Aid for Trade at WTO in Geneva and can be read on OECD iLibrary.
On the occasion of the 4th Global Review of Aid for Trade, the OECD and the WTO, in collaboration with GrowAfrica; the International Chamber of Commerce; the International Trade Center; the International Telecommunications Union; and the United Nations World Tourism Organization, conducted a survey among the private sector to identify the barriers that suppliers in developing countries face in connecting to value chains.
The purpose of this OECD Study is to provide the aid-for-trade community with good practices in designing and introducing results frameworks for aid-for-trade projects, and programmes based on country-defined quantifiable targets and a menu of limited number of indicators to measure performance (i.e. outcomes and impacts). We have prepared case studies focusing on Bangladesh, Colombia, Ghana, Rwanda, Solomon Islands and Vietnam.