The Commonwealth Fund for Technical Co-operation (CFTC) is the principal means by which the Commonwealth promotes economic and social development and the alleviation of poverty in member countries.
Established by Commonwealth Heads of Government in 1971 to put the skills of member countries at each other's disposal, the CFTC operates on the principle of mutual assistance, with member governments contributing financing on a voluntary basis and obtaining technical assistance as needed.
Administered by the Commonwealth Secretariat in London, it is one of the means by which the Commonwealth translates into action its fundamental values: sustainable social and economic development, democracy, good governance, respect for human rights and the rule of law, and gender equality.
