Abbreviation | EIF |
---|---|
Predecessor | Integrated Framework for Trade-Related Assistance for the Least Developed Countries |
Formation | January 1, 2007 |
Type | International trade organization |
Headquarters | Geneva, Switzerland |
Official language | English, French, Portuguese |
Executive Director | Ratnakar Adhikari |
Affiliations | World Trade Organization (WTO), International Monetary Fund (IMF), World Bank, United Nations Development Program (UNDP), United Nations Conference on Trade and Development (UNCTAD), United Nations Industrial Development Organization (UNIDO) |
Website | www.enhancedif.org |
The Enhanced Integrated Framework for Trade-Related Assistance for the Least Developed Countries (commonly abbreviated as EIF) is a global development program with the objective of supporting least developed countries (LDCs) to better integrate into the global trading system and to make trade a driver for development.[1] The multi-donor program was launched on 1 January 2007 as the successor of the Integrated Framework for Trade-Related Technical Assistance to the Least-Developed Countries (commonly abbreviated as IF), which existed from October 1997 to December 2006.[2] The second phase of the EIF has started on 1 January 2016 and will last for 7 years.[3]
The EIF represents a partnership between different stakeholders in international development assistance including several UN agencies, regional inter-governmental organizations and other donors. The program is supported by a multi-donor trust fund with paid-up capital of USD $165 million (as of 30 April 2012)[4] for development interventions in 49 Least Developed Countries (LDCs).
The EIF is being promoted by the World Trade Organization (WTO) and Organisation for Economic Co-operation and Development (OECD) as the preferred way to provide official development assistance to LDC's as part of the global Aid for Trade Initiative.[5]
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