Australia to help poorest countries grow through trade

Australia will provide additional assistance to help the world's poorest countries benefit from global trade. The $16 million package of initiatives will help least developed countries (LDCs) to modernise customs procedures, improve infrastructure, and increase producers' competitiveness. Foreign Minister Kevin Rudd and Trade Minister Craig Emerson announced the contribution as the World Trade Organization's Eighth Ministerial Conference got underway in Geneva, Switzerland.

Dr Emerson, who is taking part in the conference, said Australia's commitment to LDCs would help them play an active role in, and benefit from, the global trading system. "This assistance to very poor countries reflects our view that trade is the best pathway to poverty-alleviation," Dr Emerson said.


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