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Aid for Trade: What does it mean? Why should aid be part of WTO negotiations? And how much might it cost?

Written by Dirk Willem te Velde

Explainer

'There is a real possibility that an Aid for Trade framework could be agreed during the Hong Kong ministerial meeting of the WTO (13-18 December 2005) potentially bringing tangible benefits to developing countries. Nonetheless, there is a great deal of uncertainty about what Aid for Trade is, and what it is not, as well as how much it would cost and how it would be implemented.'