Thursday, December 4, 2025
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HomeBusinessGermany contributes EUR 500K to strengthen developing economies' trade capacity

Germany contributes EUR 500K to strengthen developing economies’ trade capacity

GENEVA, Switzerland – The Federal Republic of Germany is contributing EUR 500,000 (approximately CHF 480,000) to the WTO’s Global Trust Fund to help developing economies and least developed countries (LDCs) enhance their participation in the multilateral trading system. H. E. Carmen Heidecke, ambassador of Germany to the WTO, signed the Memorandum of Understanding on behalf of the German Federal Government at the WTO on 17 November 2025.

Germany’s contribution will help finance the implementation of the WTO’s technical assistance plan through capacity-building initiatives that enable government officials from developing economies to deepen their understanding of multilateral trade rules and strengthen the implementation of their WTO obligations. Since its establishment in 2001, the Global Trust Fund has facilitated approximately 2,800 training workshops.

Director-General Ngozi Okonjo-Iweala, said:

“I thank Germany for its longstanding support for WTO technical assistance and capacity building. This latest contribution reinforces our shared commitment to empowering developing countries and LDCs in the multilateral trading system. This support enables these members to strengthen their technical expertise and advance their trade priorities more effectively.”

Ambassador Heidecke, said:

” Greater participation of developing countries in global trade strengthens a fair and inclusive multilateral trading system. Germany is proud to reaffirm its commitment to the WTO’s Global Trust Fund.”

Overall, Germany has contributed approximately CHF 27.1 million to the Global Trust Fund over nearly 25 years, demonstrating its long-standing and reliable commitment to inclusive and equitable international trade.

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