China Moves to Support to LDCs Seeking WTO
Accession
The
Sixth China Round Table held in Buenos Aires on 9 December reaffirmed support
for least-developed countries (LDCs) who are seeking, or in the process of
joining, the WTO. One day before the beginning of the 11th WTO Ministerial
Conference, the Government of China renewed its contribution of USD 500,000 to
the WTO’s Least-Developed Countries and Accessions Programme
(also known as the China Programme). It also announced
a contribution of USD 1 million to the WTO’s Trade Facilitation Agreement
Facility Trust Fund.
WTO
Director-General Roberto Azevêdo and China’s Minister
of Commerce, Mr Zhong Shan,
signed a Memorandum of Understanding (MoU) at the
event, extending the China Programme for another
year. Initiated in July 2011 under the WTO’s Aid for Trade initiative, the
China Programme aims to help LDCs integrate more
effectively into the global economy by strengthening their participation in WTO
activities and by helping those not yet members to join the Organization.
The Sixth
China Round Table — held under the theme of “Strengthening the Rules-Based
Multilateral Trading System and Building a Network to Promote Accessions"
— was opened by DG Azevêdo, Minister Zhong and the Chair of the 11th Ministerial Conference,
Minister Susana Malcorra of Argentina. The opening of
the event was attended by over 200 participants.
DG Azevêdo said: “China has displayed real leadership in WTO
accessions, especially through the China LDCs and Accessions Programme. The Programme is aimed
at assisting LDCs in their accession processes, as well as strengthening their
participation in the WTO. Since it was established in 2011, I think it has made
a big contribution to our accessions work. This underlines China's continued
commitment to our work at the WTO, and to ensuring that more countries can join
and benefit from the trading system.”
DG Azevêdo added: "There's no question that accessions
are an essential part of our activities. Since the creation of the WTO, we have
welcomed 36 new members, massively extending the reach of the shared rules and
principles in global trade. Today, WTO members account for over 98% of global
trade. This is fundamental to the organization's role as a guarantor of
stability and predictability in international economic relations." His
full speech is available here.
21 Accessions in Pipeline
Currently,
21 accessions are in the pipeline in the WTO, with a number of them advancing
into the final stages. Last year, two LDCs – Somalia and Timor Leste – submitted applications for WTO membership and a
third LDC - South Sudan - has just submitted a new application for
consideration by the Ministerial Conference.
MC11 Chair Malcorra thanked China "for the work done in this
Round Table. It encourages and helps those countries who are going through the
accession process, and it represents a critical opportunity to promote
transparency and predictability in global trade. It is clear that this process
does not produce immediately opportunities as if they were gifts from heaven.
Accessions require a big deal of internal work by countries, but if the defined
path in place is followed opportunities will be there and this will have an
impact on people's lives."
China’s
Minister Zhong Shan 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 Programme
over several years. The Programme has played a
positive and effective role in facilitating LDCs’ integration into the
multilateral trading system. Today, we renewed our commitment to the Programme with expanded forms of cooperation. This once
again demonstrates our strong support for the development of LDCs within the
South-South cooperation framework. We appreciate the cooperation of the WTO
Secretariat and look forward to the successful implementation of the renewed Programme.”
The China Programme provides financing to support:
·
WTO accessions internships
·
WTO accessions round table
meetings
·
LDCs' participation in WTO
meetings
·
South-South dialogue on LDCs and
development
·
LDCs' Trade Policy Review
follow-up workshops
China
announced that is providing USD 1 million for the Trade Facilitation Agreement Facility (TFAF)
Trust Fund. This money will finance training workshops for government officials
from developing countries to help them implement the Trade Facilitation
Agreement, which aims to cut the time and cost involved in moving goods across
borders by streamlining customs procedures.
The TFAF -
created at the request of developing countries and LDCs — has been operational
since November 2014 when the General Council adopted the Trade Facilitation
Agreement Protocol, inserting the new Agreement into the WTO rulebook.
Since 2008,
China has contributed to the various WTO trust funds a total of USD 4.6
million.
The Sixth
China Round Table also provided the framework for the launch of an Accession
Negotiators Network. The objective is to create a platform for ongoing
interaction among accession negotiators which will help countries on their
journey to WTO membership and beyond. Over 80 former negotiators and accession
experts have agreed to join the Network.