Project profile — Supporting the Facility for Investment Climate Advisory Services

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Overview

Overview

Supporting the Facility for Investment Climate Advisory Services - Overview
CA-3-D000464001
$2,000,000
IFC - International Finance Corporation (XM-DAC-44004)
2014-03-31 - 2021-06-30
Operational
Country / region • Europe, regional (10.00%)
• Africa, regional (52.00%)
• America, regional (16.00%)
• Asia, regional (22.00%)
Sector • Government And Civil Society, General
Public finance management (15111) (8.00%)
• Government And Civil Society, General
Domestic Revenue Mobilisation (15114) (2.00%)
• Business And Other Services
Business support services and institutions (25010) (40.00%)
• Industry
Industrial policy and administrative management (32110) (3.00%)
• Industry
Agro-industries (32161) (8.00%)
• Trade Policy And Regulations And Trade-Related Adjustment
Trade policy and administrative management (33110) (20.00%)
• Trade Policy And Regulations And Trade-Related Adjustment
Trade facilitation (33120) (15.00%)
• Tourism
Tourism policy and administrative management (33210) (4.00%)
Policy marker • Environmental sustainability (cross-cutting) (principal objective)
• Trade development (principal objective)
• Climate change mitigation (significant objective)
• Reproductive, Maternal, Newborn and Child Health (RMNCH) (not targeted)
• ICT as a tool for development (not targeted)
• Youth Issues (not targeted)
• Children's issues (not targeted)
• Climate Change Adaptation (not targeted)
• Desertification (not targeted)
• Biodiversity (not targeted)
• Indigenous Issues (not targeted)
• Participatory development and good governance (not targeted)
• Gender equality (not targeted)
• Urban issues (not targeted)
• Disability (not targeted)
Description and results

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.

Financials

Financials


Original budget $0
Planned Disbursement $0
Transactions
Country Percentages by Sector
Related information

Related information

Supporting the Facility for Investment Climate Advisory Services - Related information
Related links
Partner website — IFC - International Finance Corporation
Global Affairs Canada
MFM Global Issues & Dev.Branch
Aid grant excluding debt reorganisation
Bilateral
Contributions to specific-purpose programmes and funds managed by implementing partners
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