World Bank Trust Funds

Multi Donor Trust Fund for the Trade Facilitation Facility

Project disclaimer

Disclaimer: The data for this page has been produced from IATI data published by World Bank Trust Funds.

Description

"The Trade Facilitation Facility's objective is to help developing countries implement reforms and invest in projects that reduce their cost to access international markets and improve their competitiveness. The main areas of focus include the following: * development and management of trade related infrastructure (e.g., ports, transport and transit corridors, laboratories) * development and regulation of support services (e.g., logistics services, customs agents, inspection services, trade finance) * improvement in procedures (e.g., border procedures and regulations, customs modernization, trade finance, SPS measures) * regional cooperation and trade facilitation systems The facility enables the World Bank to respond more effectively to the increasing demand for support in these areas and to elicit more demand from countries with weak trade facilitation performance. The TFF will complement existing financial resources for technical assistance and advisory work by focusing on implementation activities and providing substantive inputs on design and monitoring of activities. This service will leverage expertise and global knowledge across the World Bank and IFC. It will be a fast-response instrument that responds in real time to developing countries' demand for assistance."

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Location

The country, countries or regions that benefit from this Programme.

Developing countries, unspecified

Disclaimer: Country borders do not necessarily reflect the UK Government's official position.