RESTRICTED  
  
WT/COMTD/M/110/Corr.1  
 
24 April 2020  
(20-3252) Page: 1/1 
Committee on Trade and Development  
110th Session    
 
 NOTE ON THE MEETING OF 22 NOVEMBER 2019  
Chairman: H.E. Mr. Chad Blackman (Barbados)  
 
Corrigendum*  
Page 4, paragraph s 10 and 11 should read as follows:  
10. The JAG Chairperson went on to say that, despite a constrained financial environment, the ITC 
had sealed USD 165 million worth of grant agreements in 2018. These were larger and  longer -term 
than in the past, and from a diverse source of funding. One aspect of this was the organization's 
enhanc ed engagement with the private sect or. She pointed to a number of examples in this regard, 
including the ITC's partner ship with the Swiss retailer Coop  to foster greater investment in the cocoa 
and yam sectors in Ghana.  She also said that, at the JAG meeting, a Memorandum of Understanding 
(MoU)  had been signed between the ITC and the Union  of European Football Associations (UEFA) 
Foundation for Children . The objective was  to put the spotlight on how trade could generate business 
and employment opportunities for youth , by using football as a tool for skills development and 
entrepreneurship . The partnership would be piloted in Guinea and The Gambia. She went on to 
summarize the content of interventions made at the JAG meeti ng on the importance of trade  by the 
Secretary General  of the Common Market for Eastern and Southern Africa (COMESA), the 
Commissioner for Industry and the Private Sector at the Economic Community for West African 
States (ECOWAS), and the Deputy Minister i n the Ministry of Commerce of Myanmar.  
11. She then indicated that delegates at the JAG had called for greater support for multilateralism, 
and had expressed appreciation for several areas of the ITC's work. Some of the areas highlighted 
in this regard in cluded the Global Trade Helpdesk, the Rules of Origin Facilitator, the organization's 
support for MSMEs, its work on youth entrepreneurship and South -South trade, and its advocacy 
and thought leadership on women's economic empowerment through the SheTrades  initiative . In 
terms of financing, the ITC’s funders had welcomed the organization's leveraging of its financial 
resources , its efforts to diversify its funders base, and its continued emphasis on partnerships. To 
ensure the long -term sustainability of re sults, it was recommended that the ITC continue to foster 
local ownership and to further develop its existing risk management framework. Turning to the ITC's 
2019 Annual Evaluation Synthesis Report, she said that the key learning theme of the report was 
the issue of complexity. She explained that, with the introduction of complexity in the analysis of 
the ITC’s interventions, the organization would move from a project -focused approach to a process 
of constant adjustment, flexibility and long -term interactio n with stakeholders. In closing, she noted 
that the ITC had been involved in several activities over the last few days, including the World Export 
Development Forum  (WEDF)  held in Addis Ababa. She also expressed appreciation for delegations' 
recognition of  the ITC's work.  
 
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* In English only.