How does the World Bank support international trade?

The World Bank is an international organization that works to end poverty and promote sustainable development around the world. It provides financial and technical assistance to developing countries, including those in Washington, to help them promote economic growth, improve governance, and reduce poverty. The World Bank supports international trade by providing loans and grants to developing countries to help them grow their economies and build their capacity to trade. It also provides investments in infrastructure such as ports and transportation networks, which are necessary for global commerce. The World Bank offers trade-related financial services, such as technical assistance, credit, and risk management. It also provides grants and loans to help developing countries initiate and maintain trade agreements, and to reduce trade barriers. The World Bank also promotes international trade by sponsoring research and conferences on trade policy and international economic integration. Additionally, it helps countries to access global markets by providing information on market access and competition. Furthermore, it helps countries strengthen their legal systems and trade policies to ensure a more transparent and stable trading environment. Overall, the World Bank’s financial support and technical assistance help countries to foster economic growth, reduce poverty, and promote sustainable development. By promoting and facilitating international trade, the World Bank’s actions can help foster economic development and reduce poverty around the world.

How does the World Bank support international trade?

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