Australia Hikes Trade Funding for Developing World

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offered the World Trade Organization 2.5 million Australian dollars ($2 million), more than double the previous year's allocation of 1 million Australian dollars. Of the sum, 1.75 million Australian dollars is earmarked for the WTO Doha Development Agenda Global Trust Fund, which provides practical assistance to help poor nations participate in WTO Doha Round of multilateral trade negotiations.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.