Belgium invests in African trade
28 Feb 2019 - by Staff reporter
Belgium this week committed to investing €2 million in support of the International Trade Centre’s (ITC) work in 2019 and 2020 on inclusive and sustainable trade, particularly in Africa.
The Belgian funding will support the International Trade Centre’s efforts to contribute to achieving the Sustainable Development Goals by 2030.
In addition to its focus on inclusive trade – for women and youth in particular –Belgium’s contribution will also help the ITC to step up its support towards making African countries e-commerce ready, with a view to creating new business opportunities. It would also enable companies to reach new markets and help connect micro, small and medium-sized enterprises (MSMEs) to global value chains.
“The partnership with the International Trade Centre concluded today is an important instrument to make this happen in Africa,” said Belgium’s deputy Prime Minister and Minister of Foreign Affairs and European Affairs, Didier Reynders.
The ITC is the joint agency of the World Trade Organisation and the United Nations.