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EIF- Regional Asian Workshop 21-23 June 2010, Kathamandu , Nepal. Maldives expereince. Maldives a founding member of WTO In 2002, the President established the National WTO Committee (NWTOC) aimed at improving formulation and implementation of trade and trade-related policies.
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EIF- Regional Asian Workshop21-23 June 2010, Kathamandu, Nepal Maldives expereince
Maldives a founding member of WTO • In 2002, the President established the National WTO Committee (NWTOC) aimed at improving formulation and implementation of trade and trade-related policies. • The Committee had the mandate to discuss all WTO-related legislations or regulatory measures. • NWTOC was proposed to improve the inter-sectoral coordination in policy formulation in WTO-related issues.
Maldives and IF • Joined IF in 2003 • Commenced the DTIS process in June 2005 • UNDP acted as the lead agency • Govt. lead agency – Ministry of Economic Development and Trade (MEDT) • IF focal point – high level civil servant from MEDT
IF - Phase 1 • Kicked off with inception meeting and exchange of formal letters – June 2005 • Expert team composing of 8 international and 3 national consultants undertook the DTIS • Commenced work on DTIS on Sep 2005 – took 6 months to complete the draft report • 7th National development Plan preparation commenced in July 2005 – facilitated mainstreaming Trade into NDP
Phase 1- Timeline • June 2005 - Diagnostic Trade Integration Studies (DTIS) preliminary mission started. • July 2005 – 7th NDP formulation began with sector committees. • May 2006 – Trade policy framework developed with EU support outlining trade policy agenda and measures for improving coordination • Nov 2006 – DTIS- Action matrix nationally validated • Feb 2007 – EU appointed person to DF • April 2007 – 1st National Trade Policy Committee conducted.
IF – phase 2 • Phase 2 projects approved by LPAC – consisted of key members from the NTPC • Project submitted for Window II Funding in Sept 2007 • Funding for 4 projects approved in Dec 2007 • Current status – out of 4 projects 1 completed and remaining 3 projects will be competed by Dec 2010
Looking forward – accessing EIF • Draft proposals ready for Tier 1 & Tier 2 funding • Tier 1 proposal shared with ES and comments received • Waiting EU to appoint a person to DF • As a graduating LDC – working with ES to ensure EIF access post graduation
Key implementation challenges • Level of commitment and priority placed for trade matters • Focus on tsunami recovery and reconstruction • Democratic transformations: introduction of political parties, constitutional reform, multi-party elections etc. • Nov 2008 Change of government, discontinued 7th NDP and new Strategic Plan prepared for 2009-2013 • Inter-sectoral coordination – bringing every one on borad
Key implementation challenges (cont..) • Project implementation – lack of presence of implementing agencies affected speed of delivery of projects • Lack of donor presence and limited donors supporting the trade sector