ࡱ> 8:7g bjbjVV 8r<r< ` ` ` ` ` t t t t t . {!! !s.u.u.u.u.u.u.$0R3r.` !{!{!!!.` ` ."""!v` ` s."!s.""r,. EcrG"^-_..0.-z3y"(3.3` .@!!"!!!!!.."!!!.!!!!3!!!!!!!!! &: Third Global Review of Aid for Trade - Day 1 Summary of Discussions Session 3: Aid for Trade: From Project Results to Development Impact During this session, high level representatives of both donor and partner countries shared the successes and challenges of their respective AfT undertakings. Partner countries reports were mixed regarding the impact of trade liberalization on development, but all affirmed the importance of AfT. Cambodia and Costa Rica both reported positive experiences with trade-led growth and development. By focusing on service sectors, Costa Rica has seen a five-fold increase in exports in 20 years; foreign direct investment (FDI) has grown 11% annually since 1991. Similarly, by building up its tourism and garment industries, Cambodia has reduced the percentage of people living on $ 1.25 per day, and is working to further diversify its productive capacity by developing its rice and energy sectors. Kenya shared the success of its fresh produce and telecom sectors, as well as of regional integration in the East African Community (EAC). The EAC actually doubled intra-regional trade between 2005 and 2009. The Secretary-General of the African, Caribbean, and Pacific (ACP) Secretariat shared success factors that had emerged from members' case stories. Jamaica as a highly-indebted, middle-income country, showcased how the development of its national AfT strategy was expected to help it to further benefit from trade liberalization. All of the partner countries agreed that AfT is a necessary, but not sufficient condition for trade-led development. Jamaica's AfT strategy is expected to focus on infrastructure and export diversification. Kenya is likewise focusing on infrastructure and energy. Cambodia and Costa Rica focused on the importance of complementary policies legal reforms, trade facilitation, and building productive capacity. Donor countries focused on the importance of monitoring to show results to political stakeholders, to clearly establish the link between trade and development (especially poverty reduction), and to design better, more effective programs. Germany observed, though, that AfT programs and accompanying impact evaluations need to be long term in scope. In this vein, Japan noted that the number of variables and sectors involved in AfT make attribution much more difficult. Evaluation is not simply a matter of counting the number of schools built. USAID shared the results of a recent study finding that $ 1 invested in trade capacity building was correlated with $ 42 in increased exports and reported a renewed commitment on measuring impacts rather than outputs. The donors also reaffirmed their commitment to providing AfT support. EG  ~ 8 9  : " ' P Gv  ŽŽŽŽŽŽŽŽŽŽŽŽŽŲhmMh=mH sH hmMmH sH hJ1hmMmH sH "hJ1hmM5>*CJaJmH sH hJ1hmM5mH sH "hJ1hmM5>*CJaJmH sH  .EFG, - sth^hgdmM^gdmM & F gdmMgdmM$a$gdmM6&P 1h:prLl. 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