PRESS RELEASE
TECHNICAL ASSISTANCE
European Union pledges EUR 5 million to Phase Three of EIF support for
LDCs
The European Union
(EU) has pledged EUR 5 million to the Enhanced Integrated Framework (EIF),
providing significant support for the initiative's third phase of activities to
help least-developed countries (LDCs) harness trade for sustainable growth.
Building on more than a decade of EU support totalling nearly USD 25 million,
the contribution was announced on 16 September 2025 at the EIF's High-Level
Platform for LDC Partnerships at the WTO in Geneva.
The commitment was
also marked at a short ceremony attended by WTO Director-General Ngozi
Okonjo-Iweala and EIF Executive Director Ratnakar Adhikari, who were joined by
EU Ambassador João Aguiar Machado and Paz Velasco Velazquez, Head of the Trade,
Investment Climate, Entrepreneurship and Value Chains Unit at the
Directorate-General for International Partnerships of the European Commission.
Ms Velasco
Velazquez said: "The EU has been a reliable partner to the EIF from the
very beginning, and we continue to stand with LDCs as they integrate into the
global economy. Under the EU's Global Gateway strategy, our commitment to
sustainable and inclusive economic growth remains as high as ever. With Phase
Three putting investment at the forefront, and with the EIF uniquely positioned
to address LDCs’ needs, we are hopeful that this new phase will be very
successful."
WTO
Director-General Ngozi Okonjo-Iweala welcomed the announcement, noting:
"We are very grateful for the EU's support to the EIF, which comes at just
the right time. LDCs need stable and predictable partnerships to strengthen
their trade capacities and seize new opportunities despite today's global
challenges. This pledge is a signal of confidence in the EIF and in the power
of trade to deliver real impact for people's lives and livelihoods."
EIF Executive
Director Ratnakar Adhikari added: "This generous contribution from the
European Union gives us important momentum as we prepare to start EIF Phase
Three. It underscores the European Union's longstanding leadership in Aid for
Trade and strengthens our ability to provide catalytic and transformative
support to LDCs in the years ahead."
This new pledge
builds on earlier commitments by a number of funding partners that were
announced in June 2025 in Sevilla, Spain, at the 4th International
Conference on Financing for Development. It provides further momentum towards
EIF Phase Three, which will run from October 2025 to December 2031 in alignment
with the UN Doha Programme of Action for LDCs. The next phase aims to mobilize
at least USD 200 million to deliver catalytic and transformative trade support
to LDCs.
Since its launch,
the EIF has been the only global Aid for Trade framework dedicated exclusively
to helping LDCs use trade as a driver of sustainable economic development and
poverty alleviation.
More information
on the EIF and its work is available here.
END