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Canada allocated an additional $14 million per year for Aid for Trade activities over five years in Budget 2007-08. This includes funding for initiatives such as the Program for Building Africa's Capacity to Trade, the Enhanced Integrated Framework and trade-related technical assistance in the Caribbean. Canada supports Aid for Trade through the following:
(1) CIDA's Sustainable Development Strategy, which focuses on four core objectives:
(2) CIDA's 2003 Policy on Private Sector Development is the key guidance document for the agency's trade related programming. This Policy lists increased participation in regional and international markets and institutions by developing countries and countries in transition as one of five expected results. This is being achieved through initiatives such as:
- Multilateral level: CIDA provides core support to the WTO (including the Doha Development Agenda Global Trust Fund and the Standards and Trade Development Facility) as well as to the Enhanced Integrated Framework.
- Regional level: CIDA funds the Africa Trade Policy Centre (ATPC) at the UN Economic Commission for Africa and the Program for Building African Capacity to Trade (PACT), implemented by the International Trade Centre (ITC).
- National level: CIDA supports country-specific Aid for Trade through bilateral support programs in Asia, Africa, the Americas, and Europe/Middle East/Maghreb.
- Civil society and enterprise-level activities: Works with the private sector to assist developing countries to export to the Canadian market for instance with Trade Facilitation Office Canada, which.
(1) CIDA's Sustainable Development Strategy, which focuses on four core objectives:
- Support equitable economic development
- Support social development, with particular emphasis on people living in poverty
- Support environment and natural resources management
- Support progress in democratic governance and human rights
(2) CIDA's 2003 Policy on Private Sector Development is the key guidance document for the agency's trade related programming. This Policy lists increased participation in regional and international markets and institutions by developing countries and countries in transition as one of five expected results. This is being achieved through initiatives such as:
- Capacity building in analyzing, formulating, negotiating and implementing trade policy in developing countries and countries in transition
- Support for the participation of developing countries and countries in transition in regional trade bodies and the World Trade Organization (WTO)
- Support for the participation of developing countries and countries in transition in International Financial Institutions
- Provision of technical assistance for more secure trade, enhanced supply chain linkages, and local trade network development
- Trade facilitation initiatives
