Korea Contributes to WTO Global Trust Fund and WTO Chairs
Programme
The Republic of Korea made a 2025
contribution of CHF 271,000 to the WTO to help build capacity in developing
economies and least-developed countries (LDCs), encompassing CHF 145,000 to the
Global Trust Fund and CHF 126,000 to help finance the WTO Chairs Programme.
Key Points
·
Contribution (2025):
o Total: CHF 271,000
o CHF 145,000 to the WTO Global Trust Fund
o CHF 126,000 to the WTO Chairs Programme
Purpose of Funds
·
Global Trust Fund (est. 2001): Supports WTO technical cooperation activities
through extra-budgetary donations.
·
WTO Chairs Programme: Assists academic institutions in developing economies with
trade-related research and training for policymakers and stakeholders.
Statements
·
WTO Director-General: Welcomed Korea’s support as an investment in knowledge, inclusiveness,
and capacity-building for developing and least-developed countries.
·
Ambassador Sung-yo Choi (Republic of Korea): Emphasized Korea’s commitment to
strengthening trade-related capacity and inclusive participation in the
multilateral trading system.
Long-Term Engagement
·
Korea has contributed over CHF 8 million to WTO Trust Funds over
the past 20+ years.
·
Reflects Korea’s sustained support for WTO technical assistance and
capacity-building efforts.
[ABS News Service/11.02.2026]
The Global Trust Fund was
established in December 2001 to receive unearmarked extra-budgetary donations
from WTO members to finance technical cooperation activities carried out by the
WTO. The WTO Chairs Programme provides support to academic institutions in
developing economies to undertake trade-related research and deliver training
courses for the benefit of policymakers and other stakeholders.
The Director-General welcomed
the contribution, saying: "The Republic of Korea's contributions to the
Global Trust Fund and the WTO Chairs Programme are an important investment in
knowledge, capacity-building and inclusiveness. I welcome this support, which
helps ensure that developing economies and least-developed countries can
participate more effectively in the multilateral trading system."
Sung-yo
Choi, Ambassador and Deputy Permanent Representative of the Republic of Korea
to the United Nations Office and other international organizations in
Geneva, stated: "The Republic of Korea is pleased to support the
WTO's Global Trust Fund and the WTO Chairs Programme. These contributions
reflect our strong commitment to strengthening trade-related capacity in
developing economies and least-developed countries, and to promoting informed,
inclusive participation in the multilateral trading system."
Overall, the Republic of Korea
has contributed over CHF 8 million to WTO Trust Funds over more than 20 years.
These contributions form part of the Republic of Korea's long-standing
engagement in supporting WTO technical assistance and capacity-building efforts.