Page 8 - Trade Development Facility News Today : Breaking News, Live Updates & Top Stories | Vimarsana

   A total of EUR 500,000 (approximately CHF 550,000) will go to  the Standards and Trade Development Facility (STDF) to support developing countries and LDCs in complying with international food safety, animal and plant health standards so as to promote safe trade. The objective is to have these countries play a more active role in agricultural trade. A contribution of EUR 25,000 (over CHF 27,000) will finance the participation of LDC trade officials in the 12th WTO Ministerial Conference, which will take place from 30 November to 3 December 2021 in Geneva. The LDC Trust Fund is s...

The shock of COVID-19 is definitely exposing those vulnerabilities. A new World Trade Organization (WTO) report, Strengthening Africa’s capacity to trade, addresses the disruptions to trade due to the pandemic and outlines the ways the international body is working to encourage trade flows on the continent. As LDCs, countries get additional international support with development assistance and with trade, and 33 of the 46 LDCs today are in Africa. What does the report say of African LDCs and global trade? What support are countries being given to best weather this COVID-19 storm? Declines a...

Fruit and vegetable safety in Kyrgyzstan A new FAO project involves Kyrgyzstan and improving food safety management in the country’s fruit and vegetable sector. The work is funded by a $570,000 contribution from the Standards and Trade Development Facility (STDF) and will support implementation of modern risk-based food safety management systems in fruit and vegetable production and processing. This will help local producers ensure safety of their products, and increase access to domestic and international markets, mainly members of the Eurasian Economic Union (EAEU), which the Kyrgyz Repu...