JUBA, July 6 -- The World Trade Organization (WTO) has provided 1.5 million U.S. dollars to help war-torn South Sudan develop a new trade policy, officials said on Thursday.
Biel Jock Thiik, Undersecretary in the Ministry of Trade and Industry, told journalists that the first phase of 900,000 dollars will be used to build capacity of officials and institutions involved in the policy making process during a four-year period and the remainder will be used to roll out the policy.
He said once completed, the trade policy will help increase local investment and facilitate international trade within the East African Community (EAC), which South Sudan joined in 2016.
Thiik said the East African nation currently uses the trade policy of neighboring Sudan, which it adapted before the two countries separated in 2011.
"Our trade is one sided but as a government we put it as a priority that we have to lay the legal framework that is in line with the East African Community (EAC) trade policy because we are now members of this bloc and our policies must be in line with the EAC trade policy. So this is a small project that can lay the foundation to facilitate trade," Thiik said.
The project is funded by WTO's Enhanced Integrated Framework (EIF), a multi-donor program, which helps least-developed countries (LDCs) play a more active role in the global trading system and it has a wider goal of promoting economic growth and sustainable development and helping to lift more people out of poverty.
According to WTO, the program is currently helping 49 poorest countries worldwide, supported by a multi-donor trust fund with a funding target of 250 million dollars.
三年高考(2017-2015)英语试题分项精析版:专题04 动词和动词短语 (原卷版)
青春
近三年高考(2017-2016)英语试题分项版解析:专题10 名词性从句(解析版)
BBC:非英语公司规定说英语,越来越普遍
Spiders top the global predator charts 研究称蜘蛛食量居全球捕食性动物之首
几个表示 “immediately 马上”的短语
可爱的机械猫耳,督促你纠正不当姿势
近三年高考(2017-2016)英语试题分项版解析:专题20 完形填空之议论文和说明文类(原卷版)
近三年高考(2017-2016)英语试题分项版解析:专题19 完形填空之夹叙夹议(解析版)
博科娃妇女和女童参与科学国际日致辞
体坛英语资讯:Warriors, Timberwolves to play two preseason games in China
近三年高考(2017-2016)英语试题分项版解析:专题17 阅读新题型(原卷版)
报告显示 中国内地和香港超级富豪人数均激增
英语新词:专业术语
妈妈的双手 My Mother’s Hands
近三年高考(2017-2016)英语试题分项版解析:专题21 语法填空(原卷版)
体坛英语资讯:Roger Federer defeats Stan Wawrinka for historic Indian Wells title
2017届高考英语一轮复习限时训练:1-2 English around the world(新人教版)
近三年高考(2017-2016)英语试题分项版解析:专题12 交际用语(原卷版)
福建省厦门市2017届高三3月质量检测英语试卷