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COUNTRIES Selina Jackson Special Representative to the UN and WTO - PowerPoint PPT Presentation

Feb 05, 2024 •457 likes •541 views

ENHANCING CONNECTIVITY OF LAND-LOCKED DEVELOPING COUNTRIES Selina Jackson Special Representative to the UN and WTO Geneva Financing by the World Bank for LLDCs IDA and IBRD financing to LLDCs as of FY16 Total > $9.6 Billion

  1. ENHANCING CONNECTIVITY OF LAND-LOCKED DEVELOPING COUNTRIES Selina Jackson Special Representative to the UN and WTO Geneva

  2. Financing by the World Bank for LLDCs IDA and IBRD financing to LLDCs as of FY16 Total > $9.6 Billion • • Approximately one- third in transport projects • $1.1 billion directly related to Vienna Programme of Action Key priorities are • trade facilitation, logistics, road connectivity, electricity access, communications infrastructure 1

  3. WBG Trade Facilitation Work Key points  $322 million in 2004 to $7 Billion in 2005  120 customs and border management projects over past 20 years  Includes: Anaysis and Diagnostics; TA, Major trade infrastructure projects; Research and Data  Not just customs – border management

  4. WBG Trade Facilitation Support Program Objective Assist developing countries in reforming and aligning their trade facilitation laws, procedures, processes & systems to enable implementation of the WTO TFA Requirements. Key points  $36 million in development partner financing: Australia, Canada, European Union, Norway, Switzerland, United Kingdom, United States  Rapid response capability and paving the way for large-scale projects  IFC-WB presence in most countries, project components included at national and regional levels  Global expertise

  5. TFSP is making progress in supporting TFA implementation  57 countries have formally requested TFSP Geographic Distribution: assistance Countries Requesting TFSP Assistance  47 Validation Missions Completed: Albania, Bangladesh, Botswana, Bosnia, Burundi, Cambodia, Cape Verde, Costa Rica, El Salvador, [CATEGOR Ethiopia, Fiji, Grenada, Guatemala, Honduras, Y NAME] 16% Jamaica, Jordan, Kiribati, Kosovo, Lao PDR, [CATEGOR Lesotho, Liberia, Macedonia, Madagascar, MENA Y NAME] Malawi, Montenegro, Myanmar, Nepal, 2% 28% Nicaragua, Nigeria, Papua New Guinea, Rwanda, Saint Kitts and Nevis, Samoa, Sao Tome, Serbia, Sierra Leone, Solomon Islands, Sri Lanka, St. SSA 31% Lucia, Suriname, Swaziland, Timor Leste, Tonga, Ukraine, Vanuatu, Vietnam, Zambia LAC 23%  Implementation commenced in 24 countries  Design of a pilot TFSP tracking tool – in progress 4

  6. Key TFSP results to date – a selection  47 missions including ratification support  Trade Portal launched in Botswana, Bangladesh & Malawi to be launched shortly  Support South African Customs Union, Montenegro, and Zambia in defining category B and C  Bangladesh – Customs code revised, time to import reduced & Time Release Survey completed & published  Tracking Tool to be piloted in Timor Leste, Liberia, Bangladesh and Nepal.  NTFC enhancement and capacity building in Moldova, Zambia, Bangladesh, Nepal, CEFTA, Montenegro & Madagascar;  Risk Management frameworks established in Montenegro, Albania, Nepal and Bangladesh  Reduction in time to Import in Timor Leste 5

  7. WBG Logistics Performance Index (2016 forthcoming next week) lpisurvey.worldbank.org 6

  8. Concluding points: • Reducing high LLDC trade costs should be a priority in Aid for Trade • Implementation of trade facilitation and Logistics reforms is a priority for LLDCs • WBG provides substantial assistance for LLDC reforms 7

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