60 likes | 356 Views
WTO Donor Dialogue with Members. WTO – 1 July 2009 Enrique Fanta World Bank. Why the Bank interested in supporting TF Reform. Strong link between trade and economic growth
E N D
WTO Donor Dialogue with Members WTO – 1 July 2009 Enrique Fanta World Bank
Why the Bank interested in supporting TF Reform • Strong link between trade and economic growth • Progress made in trade liberalization … but Customs and other border-related regulatory formalities increasingly seen as a more significant barrier than tariff rates • FTA/RTA now key drivers • Investment in Customs and border reform and modernization delivers value for money and sound development results
Trade Facilitation activities and projects • TF Customs included in all trade-related diagnostics • Diagnostic Trade Integration Studies • Trade and Transport Facilitation Audits • Country Assistance/Development Strategies • Support and Advocacy • WTO TF negotiations • GFP TT • Close cooperation and partnership with Annex D + WTO • Financing for TF, Customs reform and modernization
Trade Facilitation activities and projects • Bank has financed over 120 Customs projects over the past 20 years. • Current Customs portfolio around $450 million + pipeline projects • TF portfolio (including trade infrastructure) several billion dollars • New Trade Facilitation Facility (focus on practical implementation of TF projects and initiatives) • Policy loans
For further information: • Gerard McLinden (English) • gmclinden@worldbank.org • Enrique Fanta (Spanish) • efanta@worldbank.org • Jean Francois Arvis (French) • jarvis@worldbank.org