The European Union Pushes for 50% Increase in Doha Development Fund
 
January 9, 2002
 

The European Union (EU) is pushing for a 50% increase in the target amount for the Doha Development Agenda Global Trust Fund which is intended to help developing countries with trade-related technical assistance. This increase would bring the fund up from its current target of 10 million euros to 15 million euros. The EU sees this effort as an essential step in winning the support of developing countries for the Doha Round and in improving their capacity to negotiate effectively during the Round and has itself pledged to make a substantial contribution to the Trust Fund.