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Annex 1

Terms of Reference Aid for Trade: Focus Latin America and the Caribbean Regional Case Study: Caribbean I.

Background

The WTO’s Hong Kong Ministerial Declaration created an ambitious new mandate on Aid for Trade aimed at helping developing countries, the least developed in particular, to build the supply-side capacity and infrastructure they need to take advantage of trade liberalization and compete in the global economy. AFT broadly refers to the flow of development finance from developed to developing countries for the purpose of enhancing their participation in the world trading system. It covers trade-related capacity building to help countries formulate, negotiate and implement trade policy and related agreements; and trade development, including export promotion and trade finance. It also covers support to activities aimed at strengthening traderelated infrastructure and other supply-side capacities (for example, in the productive sector) and trade -related adjustment programs (social safety nets). A high-level dialogue entitled Mobilizing Aid for Trade: Focus Latin America and the Caribbean will take place in Lima, Peru, in September 2007. This meeting will bring together finance and trade ministers, senior donor representatives, regional institutions and key privatesector actors to focus on trade-related challenges in the region, and to set out priorities for future action. The purpose of this event is to highlight the Latin American and Caribbean (LAC) dimension of Aid for Trade, and to encourage governments, donors and the private sector to address specific challenges for the region, to prioritize AFT needs, and to move towards shared solutions to trade-related challenges. It will help to raise awareness about the importance of trade for growth in developing countries, encourage information exchange about best practices and facilitate collective action to maximize the benefits of AFT. II.

Objectives

The goal of this consultancy is to prepare a case study on a specific region, Caribbean, that will form the basis of discussions on How to mobilize aid for trade from a regional perspective and help set guidelines for future action. The case study of the Caribbean will comprise a diagnosis of how the region has mainstreamed trade into its development agenda, identify lessons learned and challenges in its trade and integration strategy and provide recommendations on how to mobilize aid for trade from a regional perspective. The report will also serve as an instrument to encourage dialogue among

mobilizing aid for trade: focus on latin america and the caribbean: proceedings of the regional r...  

this report was prepared by the integration and trade sector (int) as a contribution to the regional meeting on mobilizing aid for trade: la...

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