G20 Seoul Multi-Year Action Plan on Development (Annex II), 11-12 November 2010

Sectors : International trade: market access, subsidies and aid for trade
Organisation : G20
Date made: 
Heads Of State
G20-Seoul-Multi-Year-Action-Plan-Nov-2010.pdf95.23 KB
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Commitments in: Trade - International trade: market access, subsidies and aid for trade


We agree to make progress towards duty-free and quota-free (DFQF) market access for the least developed country (LDC) products in line with Hong Kong commitments without prejudice to other negotiations, including as regards preferential rules of origin. We will explore, in collaboration with the relevant international organizations, the scope for further improvement and cooperation among G20 members leading to the implementation of this commitment. 

We are committed to at least maintaining, beyond 2011, Aid for Trade levels that reflect the average of the last three years (2006 to 2008). We are also resolved to strengthen the role of South-South trade cooperation and to reinforce the involvement of the private sector in these measures. In parallel with the implementation of these commitments, we will ensure that aid flows to other sectors are sustained. (2011 and beyond) 

We will engage fully in the ongoing processes of relevant institutions, in particular the WTO, OECD, World Bank and other multilateral and regional development bodies, to monitor these commitments and evaluate their impact on LICs' capacity to trade. We will consider the outcome of the Global Aid for Trade Review of July 2011 and adjust our Multi-Year Action Plan on Development accordingly. (2011)...”