The China Mail - White House quietly drops WTO, ILO from foreign aid cut list

USD -
AED 3.672503
AFN 66.435741
ALL 83.53057
AMD 382.565
ANG 1.789982
AOA 917.000217
ARS 1423.500102
AUD 1.530667
AWG 1.8075
AZN 1.701269
BAM 1.689442
BBD 2.013285
BDT 122.056035
BGN 1.689102
BHD 0.377035
BIF 2946.89287
BMD 1
BND 1.301505
BOB 6.907037
BRL 5.268205
BSD 0.999603
BTN 88.487984
BWP 13.358845
BYN 3.408255
BYR 19600
BZD 2.010435
CAD 1.400605
CDF 2507.493657
CHF 0.799903
CLF 0.023878
CLP 936.729414
CNY 7.11965
CNH 7.11888
COP 3763.09
CRC 502.133614
CUC 1
CUP 26.5
CVE 95.247762
CZK 20.91905
DJF 178.005632
DKK 6.440645
DOP 64.284573
DZD 130.329119
EGP 47.201979
ERN 15
ETB 153.590432
EUR 0.86241
FJD 2.27645
FKP 0.760151
GBP 0.75956
GEL 2.705033
GGP 0.760151
GHS 10.945355
GIP 0.760151
GMD 73.498309
GNF 8676.948858
GTQ 7.662008
GYD 209.102845
HKD 7.772245
HNL 26.297763
HRK 6.495602
HTG 130.815611
HUF 332.142993
IDR 16703.6
ILS 3.22015
IMP 0.760151
INR 88.47445
IQD 1309.44617
IRR 42112.495784
ISK 126.430003
JEP 0.760151
JMD 160.435014
JOD 0.709002
JPY 154.078041
KES 129.250463
KGS 87.449534
KHR 4018.451013
KMF 421.000537
KPW 899.978423
KRW 1461.9301
KWD 0.30695
KYD 0.83306
KZT 524.69637
LAK 21702.399668
LBP 89515.401759
LKR 304.156661
LRD 182.929357
LSL 17.153914
LTL 2.95274
LVL 0.60489
LYD 5.454946
MAD 9.275395
MDL 16.96353
MGA 4487.500648
MKD 53.15032
MMK 2099.547411
MNT 3580.914225
MOP 8.003559
MRU 39.664324
MUR 45.890168
MVR 15.405047
MWK 1733.324119
MXN 18.33224
MYR 4.13903
MZN 63.949715
NAD 17.15384
NGN 1438.130272
NIO 36.789731
NOK 10.056198
NPR 141.580429
NZD 1.766305
OMR 0.384503
PAB 0.999603
PEN 3.366187
PGK 4.287078
PHP 58.8635
PKR 282.655788
PLN 3.64545
PYG 7054.717902
QAR 3.65382
RON 4.384399
RSD 101.064978
RUB 80.942681
RWF 1452.412625
SAR 3.750372
SBD 8.237372
SCR 15.081713
SDG 600.502819
SEK 9.45484
SGD 1.30043
SHP 0.750259
SLE 23.196076
SLL 20969.499529
SOS 571.238533
SRD 38.573978
STD 20697.981008
STN 21.163381
SVC 8.746917
SYP 11056.693449
SZL 17.147522
THB 32.427499
TJS 9.226457
TMT 3.5
TND 2.950348
TOP 2.342104
TRY 42.233301
TTD 6.778329
TWD 31.008032
TZS 2453.102658
UAH 41.983562
UGX 3558.903305
UYU 39.778347
UZS 11985.332544
VES 230.8039
VND 26315
VUV 122.395188
WST 2.82323
XAF 566.623188
XAG 0.019689
XAU 0.000243
XCD 2.70255
XCG 1.801565
XDR 0.705352
XOF 566.620741
XPF 103.017712
YER 238.501147
ZAR 17.139625
ZMK 9001.201218
ZMW 22.51611
ZWL 321.999592
  • RYCEF

    0.1300

    14.95

    +0.87%

  • BCC

    0.1200

    69.95

    +0.17%

  • SCS

    -0.0150

    15.725

    -0.1%

  • RIO

    -0.0500

    70.24

    -0.07%

  • BCE

    0.4000

    23.34

    +1.71%

  • RELX

    0.4800

    42.51

    +1.13%

  • CMSD

    0.0500

    24.21

    +0.21%

  • JRI

    0.0920

    13.772

    +0.67%

  • CMSC

    0.0760

    23.966

    +0.32%

  • VOD

    0.9300

    12.63

    +7.36%

  • RBGPF

    0.0000

    76

    0%

  • AZN

    1.3700

    88.85

    +1.54%

  • GSK

    0.9300

    48.29

    +1.93%

  • BTI

    0.5950

    56.015

    +1.06%

  • BP

    0.4650

    37.585

    +1.24%

  • NGG

    -0.2550

    77.075

    -0.33%

White House quietly drops WTO, ILO from foreign aid cut list
White House quietly drops WTO, ILO from foreign aid cut list / Photo: © AFP

White House quietly drops WTO, ILO from foreign aid cut list

The World Trade Organization and the International Labour Organization told AFP on Thursday that they no longer figured among entities targeted in the White House's latest round of foreign aid cuts.

Text size:

US President Donald Trump's Republican administration announced last Friday that it was cancelling $4.9 billion of congressionally-approved foreign aid, sparking outrage among Democrats.

In a memo detailing the cuts, the administration said it was "committed to getting America’s fiscal house in order by cutting government spending that is woke, weaponised, and wasteful".

Trump, who has already effectively dismantled USAID -- the world's largest humanitarian aid agency -- since taking office again in January, listed a number of international organisations among the targeted entities.

The list originally included $107 million in cuts to ILO funding and another $29 million in slashed funding to the WTO.

But by Wednesday, the WTO had disappeared from the list, and on Thursday the ILO had also vanished.

"We are aware of the removal of the International Labour Organization from a US administration memo released on 29 August," the agency told AFP.

"We are seeking more information on what this latest development means for the ILO."

The WTO also confirmed to AFP that it was "not on the funding cut list any more."

There was no immediate explanation for why the two Geneva-based organisations had been quietly removed from the official White House document.

The UN labour agency told AFP earlier this week that after Trump's earlier executive orders slashing foreign funding, "the majority of ILO projects funded by the USA were given closure orders".

Of the 229 ILO staff who had been working on projects funded by Washington, 190 initially received a pink slip, but in the end more than half of them were reassigned to other projects, a spokeswoman said.

The United States remains the largest contributor to the WTO's budget, pitching in 23 million Swiss francs ($28.5 million) this year, or 11.4 percent of the total.

US backing had meanwhile covered 22 percent of the ILO's regular budget.

But Washington has so far not paid its contributions for 2024 or 2025 to either organisation, with such delays quite common among member countries.

K.Leung--ThChM