Trade not Aid became the new watchword.

Trade More than Aid

Europe must understand that Georgia does not need humanitarian aid, but trade.

Ngozi Okonjo Iweala on aid versus trade

Reducing aid is one, but so is limiting the arms trade, improving rich country trade and subsidy policies, providing technical advice that is not tied to aid, and developing better drugs for diseases that do not affect rich people.

But, without trade reform and action on climate change, more and better aid will not suffice.

Aid for trade is fast becoming a necessity.

Trade and aid measures should be mutually supportive.

Many detailed the negative impacts of trade liberalization and called for a fair trade framework in all trade negotiations and for trade support that is not at the expense of aid and debt relief.

Thus, Japan has increased its aid and trade with India.

Industrial countries would increase aid levels and lower trade barriers.

(ii) creating and implementing an aid for trade fund (that is additional to aid for development) to help developing countries adjust to a more open global trade regime

Developed countries have repeatedly broken their promises of aid or trade.

That is the central aim of the Aid for Trade initiative.

A more ambitious approach would be to link aid and trade explicitly.

Second, it should emphasize policies beyond aid and trade that have an equal, if not greater, impact on poor countries development prospects.

Aid for trade, in addition to aid for development, should assist developing countries in developing supply capacities, competitiveness and development oriented infrastructure.

Thus, aid for trade, one of the key tasks on the WTO agenda, has weak institutional links to trade negotiations.

First, America and the West must stop supporting autocrats with aid, trade, and arms.

Aid without trade cannot be a viable proposition for small island States like Dominica.

The importance of aid notwithstanding, trade and investment were pivotal for ensuring sustainable development.

Speakers underlined the need for a coherent policy on trade and aid, as well as the need to assess the impact of aid policies, for example, procurement rules on the quality of aid.

During the transition to non trade sources of revenue, aid flows, aimed at replacing revenue shortfalls from trade liberalization, could be very useful

Aid and trade will help those countries whose Governments assume responsibility for their own development.

Aid led vision has never worked. Vision led aid can work but such aid is not always available.

The concepts of compensatory finance mechanisms to offset the poverty effects of preference erosion, and aid for structural development toward enhanced international trade in goods and services (in the spirit of the aid for trade initiative) were discussed extensively.

Meanwhile, the EU has failed to deliver fully on aid and trade pledges to Turkish Cypriots.

We must work for better policies, more trade, more aid and smarter use of aid, so that those children can create a brighter future for their own children.

This gave rise to serious discussion about instituting permanent direct air links to aid bilateral trade flow.

The best solutions include sufficient increases in rich countries foreign aid allocations and more ambitious trade liberalization.

The United States played an important role in this economy through economic and technical aid, and trade.

Debt relief, trade reform and development aid are all vital, but none of them can work alone.

Why Development Aid is Not Enough

Europe must understand that Georgia does not need humanitarian aid, but trade. Just as a free trade deal with Europe allowed Estonia to find new markets, it can be the means through which Georgians are able to help themselves.

Overcoming supply side constraints on capacity to trade is a major challenge facing developing countries, especially the least developed, which requires support targeted on aid for trade.

the adoption of long term trade, aid and investment policies that help empower marginalised groups and promote participation.

But emergency food aid is not enough.

That does not mean cutting foreign aid.

Sub Saharan Africa graphically demonstrates how losses from trade can outweigh the benefits associated with aid and debt relief.

In addition to global agreements on aid, debt and trade issues, regional and subregional trade and investment offer significant opportunities to regional and subregional integration processes and cooperation initiatives.

Last but not least, UNCTAD operations are part of the proliferating bilateral, regional and international initiatives in the area of trade and trade related assistance, involving an increasingly wide spectrum of players in addition to the traditional governmental aid and international organizations.

On food aid, while there is general understanding that food aid should not cause commercial displacement, what constitutes genuine food aid remains to be defined.

trade capacity development for the least developed countries. Attaining the trade component of goal 8 was far off, and much work remained to be done on aid for trade that prioritized the needs of the poorest countries.

With a comprehensive, pro development agenda combining trade liberalization with rule making and complementary aid for trade and trade related assistance the Doha Round can bring benefits to all trading partners and in particular to developing countries.

But Aid for Trade is no substitute for the market opening opportunities and improved rules promised by the Doha round.