China pledges $500,000 support WTO accession of least-developed countriesStaff writer ▼ | May 7, 2015
The World Trade Organization (WTO) said the government of China pledged to contribute $500,000 to the WTO's program aimed at least developed countries' accessions for 2015.
Donation The World Trade Organization:
"Through this program, China facilitates the accession of least-developed countries to the WTO and supports their integration into the global economy," said WTO Director-General Roberto Azevedo.
Yu Jianhua, China's ambassador to the WTO, stated China has been a consistent supporter of the WTO's Aid for Trade initiative and has provided trade-related technical assistance to LDCs under the China Program over the past three years.
Yu said the program has played a positive and effective role in facilitating LDCs' integration into the multilateral trading system, and "demonstrated our strong support for the development of LDCs within the South-South cooperation framework."
According to WTO's statistics, since 2008, China has donated a total of $2.35 million to various WTO trust funds. ■