EU billions of euros short on ‘aid for trade’ to poorest nations, auditors say

EU billions of euros short on ‘Aid for Trade’ to poorest nations, say auditors

The EU will likely miss its target of directing a quarter of aid spent on expanding trade to the least developed countries by 2030, a study by the EU's auditors showed on Tuesday, a finding the bloc says it will assess.

EU 'unlikely' to meet 2030 goal on trade support to poorer countries, auditors say

The EU is not expected to meet its goal, of supporting trade in the least-developed countries with 25 percent of its spending by 2030, according to European auditors.

EU billions of euros short on ‘aid for trade’ to poorest nations, auditors say

NAIROBI - The European Union will likely miss its target of directing a quarter of aid spent on expanding trade to the least developed countries by 2030, a study by the EU's auditors showed on Tuesday, a finding the bloc said it would assess. Read more at straitstimes.com.

EU billions short on 'aid for trade' to poorest nations, auditors say

European Union likely will miss its target of directing a quarter of aid spent on expanding trade to the least-developed countries by 2030, a study by the EU's auditors showed on Tuesday, a finding the bloc said it will assess.

EU’s trade aid for least developed countries “unlikely” to hit goal, auditor says

An EU trade initiative is not expected to meet its goal of funnelling 25% of its funding to the least developed countries (LDCs) by 2030, due in part to challenges SMEs face when accessing private sector funds, the bloc’s independent auditor has found. The European Court of Auditors (ECA), which checks that EU funds are collected and used correctly, and aims to help improve financial management, says the share of Aid for Trade funding reaching L…

EU Falls Billions Short On ‘Aid For Trade’ To Poorest Nations, Auditors Warn

Launched in 2005 by the WTO, the “Aid for Trade” initiative supports poor countries through infrastructure, policy reforms, regulatory improvements, and sectoral capacity-building. The post EU Falls Billions Short On ‘Aid For Trade’ To Poorest Nations, Auditors Warn appeared first on StratNews Global.