G-NEXID participates in the 6th Global Review of Aid for Trade


G-NEXID participates in the 6th Global Review of Aid for Trade

The Global Review of Aid for Trade is held every two years at the headquarters of the World Trade Organization (WTO), in Geneva. Taking place between 11 July and 13 July 2017, the theme of the 6th Global Review was “Promoting Trade, Inclusiveness and Connectivity for Sustainable Development”.

This WTO-led initiative encourages developing country governments and donors to recognize the role that trade can play in development. In particular, it seeks to mobilize resources to address the trade-related constraints identified by developing and least-developed countries.

Benefiting from the presence of a wide presence of the trade and investment community, G-NEXID co-organized with the United Nations Conference on Trade and Development (UNCTAD) a side event on 11 July 2017 with the theme “Financing sustainable transport infrastructure and services as key enabler for South-South trade: the role of development finance institutions”.

Taking place in the segment dedicated to “physical connectivity” in front of a diverse audience of trade officials and experts (diplomatic missions, international organizations, academia, and financial institutions), the side event was moderated by Ms. Frida Youssef  (Chief, Transport Section, Trade Logistics Branch, Division on Technology and Logistics, UNCTAD) and included presentations from high-ranked officials of the Brazilian Development Bank (BNDES), Development Bank of Latin America (CAF), Development Bank of Zambia (DBZ), ECOWAS Bank for Investment and Development (EBID) and Nigerian Export-Import Bank (NEXIM).

The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) was formed in 2006, under the auspices of the United Nations Conference on Trade and Development (UNCTAD), to facilitate cooperation among policy banks and similar institutions in support of South-South trade, investment and project finance. Its Secretariat is located in Geneva.

The description of the side event and the presentations can be downloaded here.