Newsletter Volume: 1 Issue No. 1.
2009
Editor’s Note
Enhanced Integrated
Framework (EIF) is a measure to bridge the gap between demand
and supply as effectively as possible and mainstream trade
into national development strategies. It is the main mechanism
through which least developed countries (LDCs) can access
additional Aid for Trade (AfT) resources in order to be
integrated into the world trading economy. The EIF provides a
procedure for:
clearly mapping out and
prioritizing key needs for trade-related assistance and
capacity building, including trade infrastructure, supply and
productive capacity; and
submitting these demands
to the donor community of each country for accessing funding
beyond the resources available in the Framework's own Trust
Fund.
The EIF process not only
assists LDCs in mainstreaming trade into their national
development strategies but also allows them to translate their
trade-related needs into funded and deliverable projects,
hence, the need to be sustainable.
Tier 1 of the EIF Trust
Fund provides funding to strengthen LDCs' capacity to manage
the benefits of AfT. Tier 2 provides bridging funding to “jump
start” activities. However, for most activities identified
through the EIF, resources for implementation have to be
mobilised from other sources beyond the EIF Trust
Fund. |