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This is an archived USAID document retained on this web site as a matter of public record.
USAID Unveils New Trade Capacity Building Strategy
U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT
PRESS RELEASE
WASHINGTON, DC 20523
PRESS OFFICE
http://www.usaid.gov/
(202) 712-43202003-039
FOR IMMEDIATE RELEASE
May 19, 2003Contact: USAID Press Office
Washington, D.C. -- Washington, DC – Andrew S. Natsios, the Administrator of the U.S. Agency for International Development (USAID), today unveiled the agency’s new Trade Capacity Building Strategy at the Hudson Institute in Washington, D.C. This bold plan is designed to generate needed economic growth in developing countries using global economic forces such as trade, investment, competition, human resource development, technology transfer and innovation.
USAID’s Trade Capacity Building Strategy will help meet the Bush Administration’s National Security Strategy goal of igniting a new era of global economic growth through free markets and free trade. “Across the globe, free markets and trade have helped defeat poverty, and taught men and women the habits of liberty,” President Bush has said.
“Trade has become one of the most powerful engines driving poor countries in their efforts to grow their economies. That is why the U.S. government is spending around $600 million this year to help poor countries build up their ability to trade and to negotiate trade agreements,” said Administrator Natsios.
USAID will help developing country partners to: a) strengthen developing country participation in international trade negotiations; b) implement international trade agreements; and c) support trade, investment and other market-oriented activities.
The selection and prioritization of trade capacity building activities at the country level will continue to be determined by USAID missions’ strategic plans and resources linked to agency priorities for economic growth and poverty reduction. In most cases, these strategic plans are determined jointly with partner governments and take into consideration a developing country’s needs and priorities from a development perspective. USAID will give top priority to projects that generate local support for trade reforms. USAID will increasingly complement field activities with new worldwide and regional programs that enhance missions’ efforts to facilitate trade negotiations, implement liberalization commitments and expand the benefits of trade.
The event began with a panel discussion among; H.E. Karim Kawar, Ambassador of Jordan; USAID Administrator Andrew S. Natsios; Hudson Institute Washington Office Director Kenneth R. Weinstein, and Hudson Institute Senior Fellow Carol C. Adelman. Questions from the audience followed the presentation.
The U.S. Agency for International Development has provided economic and humanitarian assistance worldwide for more than 40 years.
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Last Updated on: December 30, 2008 |
