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Taiwan gives US$560,000 to WTO over last 2 years

TAIPEI -- Taiwan has donated US$560,000 to the World Trade Organization (WTO) over the past two years, making it the third highest contributor among developing Asian countries as defined by the organization, trailing only behind South Korea and China.

Lai Chien-chung, director-general of the foreign ministry's Department of Economic and Trade Affairs, said Tuesday that Taiwan recently pledged US$200,000 to the Doha Development Agenda Global Trust Fund, which was established in 2002 to receive extra contributions from WTO members to finance a wide range of trade-related technical assistance.

Taiwan is also a regular participant in WTO meetings, Lai said.

Lai touted Taiwan's “meaningful contribution” to international organizations as a way of increasing Taiwan's global visibility, a means of giving back to international society and a sign of support for the multilateral trade system embedded in the WTO.

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