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Dr Supachai Panitchpakdi, Director-General of the WTO, said: “I warmly
thank Luxembourg for this donation to the Doha Fund. Luxembourg's
contribution will help to build capacity for developing countries to
participate in the multilateral trading system, to advance their
interests and to conclude and implement agreements. It will also help
developing countries to participate in the current round of trade
negotiations launched by the Ministers in Doha last November. The
potential benefits from this round are enormous, especially in areas of
particular interest to the developing countries, such as agriculture,
fisheries, services, and market access.”
Luxembourg made an initial contribution of 181,000 Swiss Francs to the
Doha Development Agenda Global Trust Fund in January 2003. The Doha Fund
was established following the WTO Ministerial Conference held in Doha in
November 2001, which launched a new round of negotiations. In December
2003, the General Council approved a target amount of 24
million Swiss Francs for the Trust Fund for 2004.
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