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World Trade (Doha Development Agenda)

If it were the same level of aid, I would accept that. However, the commitment was given in May 2005 by European Ministers, for example, to agree a target and a date for achieving a total of 0.7 per cent. as the proportion of national income for each country’s budget for development assistance. That means that aid budgets will rise over the next nine years. Ensuring that additional resources are available for investment in aid for trade will be crucial. Further spending on aid for trade is clearly no substitute for progress in the Doha round, but if we can develop momentum around it, it is something tangible outside the Doha round that will help progress, which we all want to see, to be made.