G20 Development Working Group Submissions
Trade Review. The WTO and OECD were asked
to continue monitoring the AFT levels and report
periodically to the DWG.
Alignment with Core G20 and DWG Mandate:
Maintaining the AFT levels, contextualizing aid
flows, and highlighting what makes AfT work, can
enhance G20 efforts to achieve strong, sustainable
and balanced economic growth in LICs.
COMMITMENT 43: Maintain
average Aid for Trade levels from
2006-2008
Implementation:
135
The G20 continues to provide significant amounts
of AfT funding on a bilateral basis ($23.3 billion
representing 56 % of the total AfT). While the G20
Aft levels have increased in 2009 and 2010, there
is in 2011 a slight decrease (- 3.4%). In addition,
G20 members also allocated significant amounts
of trade-related assistance through multilateral
channels, for which they continue to be major
providers. It should also be noted that the AfT
allocated to LDCs increased by 3.4 % in 2011.
A wide range of stakeholders submitted case
stories on the impact and outcomes of AfT to inform
the 2011 Global Aid for Trade Review. The case
stories showed that AfT had had a good impact
on trade performance of developing countries,
especially LDCs, and suggested that the focus now
should be put on strengthening the effectiveness
and impact of interventions through better targeted
and harmonized international coordination. The
Review was considered useful in demonstrating the
importance of AfT, and the G20 was right in making
this commitment.
The time lag in the availability of data of actual flows
means that figures on AfT for 2012 and 2013 will
follow only in 2014 and 2015 respectively. It is
important therefore to ensure ongoing monitoring of
G20 AFT levels in order to establish for certain if the
G20 has met its AfT commitments.
Lessons Learned:
There is a specific pledge by the G20 on AfT in
the Seoul MYAP to "at least maintaining beyond
2011 AfT levels that reflects the average of the
last three years (2006-2008)". The G20 will
consider, in close cooperation with relevant IOs
including OECD and WTO, how to monitor this
commitment and enable effective assessment in
the future. The G20 DWG will discuss the issue
of methodology at the G20 DWG meeting in
October 2013.
• It is important that the monitoring of this
commitment should continue within the G20
including in the context of the results and
outcomes of the July Global Aid for Trade
Review and the December WTO Bali Ministerial
meeting, which are expected to provide a fresh
impetus and renewed mandate for the Aft
Initiative during 2013.
51View entire presentation