Project profile — Supporting the Facility for Investment Climate Advisory Services



Overview 

CA-3-D000464001
$2,000,000
IFC - International Finance Corporation (44004)
2014-03-31 - 2021-06-30
Operational
Global Affairs Canada
MFM Global Issues & Dev.Branch

Country / region 

• Africa, regional (52.00%)
• America, regional (16.00%)
• Asia, regional (22.00%)
• Europe, regional (10.00%)

Sector 

• Public finance management:
Public finance management (15111) (8.00%)
Domestic Revenue Mobilisation (15114) (2.00%)
• Business And Other Services: Business support services and institutions (25010) (40.00%)
• Industrial policy and administrative management:
Industrial policy and administrative management (32110) (3.00%)
Agro-industries (32161) (8.00%)
• Trade policy and administrative management:
Trade policy and administrative management (33110) (20.00%)
Trade facilitation (33120) (15.00%)
• Tourism: Tourism policy and administrative management (33210) (4.00%)

Policy marker 

• Gender equality (not targeted)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (not targeted)
• Trade development (principal objective)
• Biodiversity (not targeted)
• Climate change mitigation (significant objective)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

Description 

Canada's contribution to the FIAS will support the activities of the Trade Facilitation Support Program (TFSP). The objectives of the TFSP are to provide technical assistance to support developing countries' efforts to reform their trade facilitation practices in a manner consistent with the main components of the new Agreement on Trade Facilitation (ATF), agreed upon at the 9th World Trade Organization Ministerial Conference in Bali, Indonesia, in December 2013.

Expected results 

The expected outcomes of the TFSP are reformed and improved trade facilitation laws, procedures, processes and systems, in a manner consistent with the WTO Agreement on Trade Facilitation; and availability of strengthened knowledge, learning and measurement toolkits and initiatives.

Results achieved 

FIAS support to achieve trade reforms during FY15 included the launch and initial activities to implement a major global trade agreement through the Trade Facilitation Support Program (TFSP). The TFSP helps developing countries implement trade facilitation reforms and improve trade facilitation systems and practices, thus leading to increased trade, investments, job creation, and private sector competitiveness. A dedicated trust fund under the FIAS umbrella supports TFSP initiatives. The effort partners the World Bank Group with Australia, Canada, the European Union, Norway, Switzerland, and the United States. The TFSP program has completed its first year in implementation. To date, 45 countries have formally requested support. In FY15, the TFSP team completed validation assessment missions in 31 countries: Bangladesh, Botswana, Burundi, Cabo Verde, Costa Rica, El Salvador, Ethiopia, Fiji, Grenada, Guatemala, Honduras, Jamaica, Jordan, Lao People’s Democratic Republic, Madagascar, Malawi, Myanmar, Nepal, Nicaragua, Pakistan, Papua New Guinea, Rwanda, St. Kitts and Nevis, Samoa, São Tomé and Príncipe, Solomon Islands, Sri Lanka, Tonga, Ukraine, Vanuatu, and Zambia. Through TFSP, 12 countries have begun reform implementation: Bangladesh, Botswana, Burundi, Cambodia, Jamaica, Lao PDR, Madagascar, Malawi, Nepal, Rwanda, Sri Lanka, and Zambia. In addition, the Pacific Islands Forum Secretariat and the Bank Group’s IFC signed a memorandum of understanding which will facilitate cooperation in the provision of assistance to the six Pacific Island members of the WTO.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
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