• ITVI.USA
    15,523.360
    80.780
    0.5%
  • OTLT.USA
    2.879
    -0.012
    -0.4%
  • OTRI.USA
    20.890
    0.040
    0.2%
  • OTVI.USA
    15,485.300
    73.880
    0.5%
  • TSTOPVRPM.ATLPHL
    2.820
    -0.100
    -3.4%
  • TSTOPVRPM.CHIATL
    3.580
    -0.100
    -2.7%
  • TSTOPVRPM.DALLAX
    1.260
    -0.030
    -2.3%
  • TSTOPVRPM.LAXDAL
    3.650
    0.030
    0.8%
  • TSTOPVRPM.PHLCHI
    2.330
    -0.090
    -3.7%
  • TSTOPVRPM.LAXSEA
    4.020
    -0.150
    -3.6%
  • WAIT.USA
    127.000
    -1.000
    -0.8%
  • ITVI.USA
    15,523.360
    80.780
    0.5%
  • OTLT.USA
    2.879
    -0.012
    -0.4%
  • OTRI.USA
    20.890
    0.040
    0.2%
  • OTVI.USA
    15,485.300
    73.880
    0.5%
  • TSTOPVRPM.ATLPHL
    2.820
    -0.100
    -3.4%
  • TSTOPVRPM.CHIATL
    3.580
    -0.100
    -2.7%
  • TSTOPVRPM.DALLAX
    1.260
    -0.030
    -2.3%
  • TSTOPVRPM.LAXDAL
    3.650
    0.030
    0.8%
  • TSTOPVRPM.PHLCHI
    2.330
    -0.090
    -3.7%
  • TSTOPVRPM.LAXSEA
    4.020
    -0.150
    -3.6%
  • WAIT.USA
    127.000
    -1.000
    -0.8%
American Shipper

U.S. nears $2.7 billion capacity building goal

U.S. nears $2.7 billion capacity building goal

The U.S. government said it spent $2.3 billion in fiscal year 2008 on so-called “Aid for Trade” programs, a 60 percent increase from the 2007 fiscal year.

   Since 2000, the United States has provided more than $9.7 billion in total trade-related assistance to developing countries, mostly through the Agency for International Trade Development and Millennium Challenge Corp. programs.

   “We continue to work to meet the $2.7 billion target in annual Aid for Trade initiatives by 2010,” said U.S. Trade Representative Susan Schwab, in a statement Tuesday.

   During the World Trade Organization’s Hong Kong Ministerial Meeting in 2005, the United States pledged to reach $2.7 billion in annual spending in trade-related development assistance by 2010.

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