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WTO Director-General Emphasizes Critical Role of Partnerships in Supporting Least Developed Countries
Geneva – On June 30, 2025, the World Trade Organization (WTO) released a statement highlighting Director-General Ngozi Okonjo-Iweala’s strong assertion on the vital importance of partnerships in advancing the development and integration of Least Developed Countries (LDCs) into the global trading system. The statement, published on the WTO’s official news portal, underscores the Director-General’s commitment to fostering a more inclusive and equitable international trade environment.
In her remarks, Dr. Okonjo-Iweala articulated that effectively supporting LDCs requires a concerted and collaborative effort from a diverse range of stakeholders. She stressed that individual efforts, while valuable, are significantly amplified when channeled through strategic partnerships involving governments, international organizations, the private sector, and civil society. This holistic approach, she noted, is crucial for addressing the complex challenges faced by LDCs and for unlocking their full potential for economic growth and sustainable development.
The Director-General’s message resonated with the ongoing commitment of the WTO to assist LDCs in navigating the intricacies of international trade. The organization recognizes that LDCs often face structural impediments, including limited productive capacity, weak infrastructure, and challenges in meeting international standards. Partnerships, as emphasized by Dr. Okonjo-Iweala, are instrumental in bridging these gaps by facilitating the transfer of technology, providing crucial technical assistance, and promoting investment.
The statement also implicitly pointed towards the significance of the Enhanced Integrated Framework (EIF) for LDCs, a multi-donor program that helps LDCs improve their trade capacity and increase their participation in global trade. The Director-General’s emphasis on partnerships aligns perfectly with the EIF’s operational model, which relies heavily on collaboration between LDCs, development partners, and various other stakeholders to achieve its objectives.
Furthermore, Dr. Okonjo-Iweala’s call for enhanced partnerships is expected to galvanize renewed efforts in areas such as trade-related capacity building, market access facilitation, and the mainstreaming of trade into national development strategies of LDCs. By working together, partners can ensure that trade liberalization and global economic integration truly benefit those countries most in need, fostering a more balanced and sustainable global economy for all.
The WTO remains dedicated to playing its part in facilitating these essential partnerships, reinforcing its role as a facilitator of global trade and a champion for the development aspirations of its LDC members. The Director-General’s timely statement serves as a powerful reminder that collective action and shared responsibility are indispensable for the success of LDCs on the global stage.
DG Okonjo-Iweala underscores importance of partnerships to support LDCs
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WTO published ‘DG Okonjo-Iweala underscores importance of partnerships to support LDCs’ at 2025-06-30 17:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.