Geneva, 6 July 2009 -- Spain´s Secretary-General for Foreign Trade signed an agreement today that will contribute Euros 320,000 to fund UNCTAD work in Latin America on such matters as boosting trade and enhancing economic competition.
Spain´s Secretary General for Foreign Trade, Alfredo Bonet Baiget, signed the agreement with UNCTAD Secretary-General Supachai Panitchpakdi. The pact, which supplies extra-budgetary funds, builds on a Spain-UNCTAD Framework Agreement of Cooperation established in September 2006.
The latest Spanish contribution is intended to support mandates on technical cooperation set at the UNCTAD XII quadrennial conference, held in 2008 in Accra, Ghana.
The money will be used to finance activities in capacity development to ease and promote trade in Central America; to help train officials of Latin American countries in the negotiation of international investment agreements that apply to the region; to support UNCTAD´s TRAINFORTRADE projects envisioned for Latin America as part of a joint work programme with the Latin American and Caribbean Economic System (SELA); and to support an UNCTAD-SELA joint cooperation programme on competition law and policies.
