Title: Stronger Open Trade Policies Enable Economic Growth for All
Headings: Stronger Open Trade Policies Enable Economic Growth for All
Stronger Open Trade Policies Enable Economic Growth for All
Challenge
Approach
Results
Bank Group Contribution
Partners
Moving Forward

Content: Approach
The WBG is supportive of an open, rules-based, predictable multilateral trading system, with the goal of helping countries participate in and enjoy the benefits of such a system. Key strategies in this agenda include: Trade facilitation, logistics, and border management: helping countries integrate into global value chains (GVCs) through targeted reforms and investments; Trade agreements: advising countries on their technical details and supporting implementation of commitments made through these agreements; Emphasizing trade and competitiveness at the core of national development strategies
Aid for Trade: Among multilateral institutions, the Bank Group is the largest provider of “Aid for Trade,” a multilateral initiative designed to assist developing countries, especially low-income countries, spur growth by integrating into the world economy. Markets and competition policy: encouraging growth and shared prosperity by opening and transforming markets.