Funding boost for technical co-operation programme
IMO's Integrated Technical Co-operation Programme (ITCP) has received a significant boost in the form of two substantial financial contributions to support the delivery of its activities.
Firstly, the Government of the United States recently made a donation of US$396,000 to the International Maritime Security Trust Fund, following its two previous contributions to it. The continued financial support provided by donors to the Fund, or directly to the ITCP's maritime security components, has enabled IMO to carry out a greater number of capacity building activities at regional and national levels aimed at promoting the effective implementation and enforcement of the Organization's special measures to enhance maritime security, as well as the prevention and suppression of acts of piracy and armed robbery against ships.
A few days later,
the bilateral trust fund established in June 2003 to facilitate the implementation
of ITCP activities through the IMO - Republic of Korea Programme on Technical
Co-operation, was also further enhanced by a donation from that Government of
US$565,314, bringing its total contributions to the fund to US$1,818,706 since
its establishment. In the past three years, 24 individual ITCP activities have
been financed by the IMO - Republic of Korea Programme and delivered in Africa,
Asia and Latin America and the Caribbean.
Briefing 36, 11 October 2006