Vol. 514 No. 1
92 Mr. J. Bruton asked the Tánaiste and Minister for Enterprise, Trade and Employment if Ireland is contributing to the cost of the Advisory Centre on World Trade Organisation Law designed to help poorer countries with the substantial costs of World Trade Organisation legislation; and, if not, the reason in this regard. [3358/00]
During the WTO ministerial meeting in Seattle, I signed on behalf of the Irish Government the agreement establishing the Advisory Centre for Developing Countries on WTO Law, subject to national ratification. It is intended to make $1 million available as an initial contribution and to make annual contributions of $250,000 thereafter for a minimum of five years.
The centre will provide invaluable advice and assistance for developing countries – in particular the least developed – in defending their trade rights. It will address, in a small but significant way, one of the imbalances that exist between the developed and developing world.
Ireland's financial contribution to the centre is an indication of our deep commitment to helping the developing world overcome its economic disadvantages. It also reflects our belief that free and fair trade, which has been one of the main engines of Ireland's recent record economic growth, is an essential element in assisting development. Ireland is one of the top three contributors to the centre.
