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WTO

BRAZIL, INDIA TO PUSH AHEAD ON DUTY-FREE SCHEMES FOR THE POOREST COUNTRIES

Special Correspondent - 2010-03-19 09:37
Brazil and India told the WTO Committee on Trade and Development on 18 March 2010 that they are pushing ahead with commitments to provide duty-free, quota-free treatment of imports from the least-developed countries (LDCs). The Committee elected Amb. Erwidodo (Indonesia) as its chair for 2010 and re-elected Amb. Jean Feyder (Luxembourg) as chair of the Sub-Committee on Least-Developed Countries.

ASIA-PACIFIC NATIONS MUST RAMP UP COOPERATION IN HEALTH SECTOR

Special Correspondent - 2010-03-19 09:19
New York: Countries in the Asia-Pacific region must step up their cooperation to tackle the threat of highly infectious diseases - including H1N1 - crossing borders, a senior United Nations official has said.

IMF and Botswana's Financial Regulator Work Together to Improve Macroeconomic Data

Special Correspondent - 2010-03-19 09:16
International Monetary Fund (IMF) statistical experts are working with officials of the Bank of Botswana (BOB) and of the Nonbank Financial Regulatory Agency (NBFIRA) to improve the breadth and quality of data collected from the financial industry. The cooperative effort is part of an ongoing IMF technical assistance program and responds to calls by international groups, including the G-20, for improved data standards worldwide to support more robust macroeconomic and financial surveillance in the light of the global financial crisis.

Brazil: US$ 13 million GEF Grant for Biodiversity Conservation in the Cerrado Savanna

Special Correspondent - 2010-03-19 09:11
WASHINGTON - The World Bank Board of Executive Directors has approved a US$ 13 million grant from the Global Environmental Facility (GEF) for the Sustainable Cerrado Initiative, which seeks to guarantee the conservation of the most biodiverse savanna in the world, which covers nearly 25% of the Brazilian territory. The grant will be implemented by the federal and state governments, with World Bank support.

Haiti: US$65 Million Grant to Restore Key State Functions and Infrastructure

Special Correspondent - 2010-03-19 09:07
WASHINGTON - The World Bank Board of Directors has approved a US$65 million project to support the recovery of Haiti's critical infrastructure as well as the reestablishment of basic State functions following the devastating 7.0 magnitude earthquake on January 12, 2010. This is part of a US$100 million emergency grant announced by the World Bank right after the earthquake.

World Bank Provides US$1.05 billion to Improve Education in India

Special Correspondent - 2010-03-19 09:03
WASHINGTON, DC ─ The World Bank has approved two education projects worth US$1.05 billion to India, designed to boost the number of children enrolling in and completing elementary school, and to improve quality of engineering education across the country.

Europe and Central Asia Facing Energy Crunch

Special Correspondent - 2010-03-19 08:58
BRUSSELS — The outlook for primary energy supplies, heat, and electricity is questionable for the Eastern Europe and Central Asia region, despite Russia and Central Asia's current role as a major energy supplier to both Eastern and Western Europe. In spite of the underlying resource base, the region as a whole will face an energy crunch unless investments of more than $3 trillion are made over the next 20 years, according to the new World Bank report Lights Out? The Energy Outlook in Eastern Europe and the Central Asia.

Colombia to Receive US$7 Million Grant from GEF

Special Correspondent - 2010-03-19 08:53
WASHINGTON - The World Bank (WB) has approved a US$7 million grant from the Global Environmental Facility (GEF) for the Sustainable Stockbreeding Management Project in Colombia, which is to be carried out by the Colombian Federation of Stockbreeders (Federación Colombiana de Ganaderos, FEDEGAN), and whose focus is to improve production systems to benefit farmers and the environment.

Unequal Rules for Women Entrepreneurs and Workers Across the World

Special Correspondent - 2010-03-19 08:50
Washington — Only 20 of 128 economies have equal legal rights for men and women in several important areas for entrepreneurs and workers, according to a new World Bank Group report, Women, Business and the Law 2010. Inequality occurs across all regions and income levels. But many economies have been legislating to reduce these inequalities.