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Institutional Strengthening of TongaTrade Background TongaTrade was inaugurated in January 1997 and has been established to facilitate and promote the export of Tongan products in overseas markets. TongaTrade is being jointly funded by the Government of Tonga and the Asian Development Bank during the initial establishment period of two years. The initiative to establish TongaTrade developed from the realisation that Tonga was in a very vulnerable position as an exporter of agricultural products and subject to a boom or bust approach. The principal goal of TongaTrade is to identify markets which are appropriate to Tonga's productive capacity and to develop an environment which encourages private sector investment in export industries. It is proposed that at least 50% of the annual funding for TongaTrade is provided by the private sector within two years after the start of the TA. Objective To promote the growth and competitiveness of Tonga's exports of goods and services, through the following activities:
Trade Information System The trade information system developed by MTL Consult, which relied heavily on WWW and Internet technologies, comprised the following components:
Further Information For further information, please see the TongaTrade website. | |