• To discuss the future of Aid for Trade at the WTO in a rapidly changing trade and finance landscape
• Specifically, how can the Aid for Trade initiative be reinvigorated so that it responds to the changes in a way that strengthens the WTO in years to come?
• How can aid for trade continue to support LDCs and be an effective tool for developing value chains?
Since 2005, the Aid for Trade initiative has successfully mobilised aid resources to help countries to trade; the initiative has also become an integral part of negotiations on trade facilitation. However, the context within which trade is taking place continues to change rapidly. Trade is happening in different ways, increasingly through chains of firms across borders. Finance sources have also been evolving rapidly, with traditional aid under pressure and non-concessional, bonds and other capital flows increasing in many poorer countries. At the same time, old problems such as food security continue and new problems such as climate change and resource scarcity are emerging. How can the Aid for Trade initiative be reinvigorated so that it responds to these changes and strengthens the WTO in years to come?