Trade Archive

  • The African Union Conference of Ministers of Trade held in Addis Ababa, Ethiopia, from the 1st – 5th December 2014, called upon the Pan African Quality Institutions (PAQI) to adopt the year 2017 as the African Year of Quality Infrastructure. The decision was made in recognition of the efforts that Africa has made towards improving its quality infrastructure and to cultivate a culture of collective responsibility in building a sound quality infrastructure amongst African countries. The decision was made in recognition of the efforts that Africa has made towards improving its quality infrastructure and to cultivate a culture of collective responsibility in building a sound quality infrastructure amongst African countries. As Africa welcomes the year 2017, PAQI ; comprising of, the African Accreditation Cooperation (AFRAC), the Intra-Africa Metrology System (AFRIMETS), the African Electro technicalStandardisation Commission (AFSEC) and the African Organisation for Standardisation(ARSO),encouragesall quality infrastructure players on the African continenttoorganise,support and […]

    Africa commemorates 2017 as African Year of Quality Infrastructure

    The African Union Conference of Ministers of Trade held in Addis Ababa, Ethiopia, from the 1st – 5th December 2014, called upon the Pan African Quality Institutions (PAQI) to adopt the year 2017 as the African Year of Quality Infrastructure. The decision was made in recognition of the efforts that Africa has made towards improving its quality infrastructure and to cultivate a culture of collective responsibility in building a sound quality infrastructure amongst African countries. The decision was made in recognition of the efforts that Africa has made towards improving its quality infrastructure and to cultivate a culture of collective responsibility in building a sound quality infrastructure amongst African countries. As Africa welcomes the year 2017, PAQI ; comprising of, the African Accreditation Cooperation (AFRAC), the Intra-Africa Metrology System (AFRIMETS), the African Electro technicalStandardisation Commission (AFSEC) and the African Organisation for Standardisation(ARSO),encouragesall quality infrastructure players on the African continenttoorganise,support and […]

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  • GIZ Programme Support for Economic Cooperation in Sub-Regional Initiatives in Asia GIZ SCSI facilitates two Trainings for GTI in Beijing and Ulaanbaatar From September 22-23, SCSI hosted a training in Beijing to enhance the communication capacity for the Secretariat of the Greater Tumen Initiative (GTI). Participants that attended the workshop included GTI Secretariat staff, as well as representatives of the Chinese Ministry of Commerce and the Russian Federation’s Trade Mission. As successful regional economic cooperation within the Greater Tumen Region depends on effective communication between national focal points and the GTI Secretariat, SCSI invited trainer Karsten Weitzenegger to mentor the workshop and to present participants with a broad range of communication tools. After assessing the challenges of communications among the GTI Secretariat, the National Coordinators and other stakeholders, the participants actively engaged in elaborating new concepts to take effective measures towards building communication capacity. From September 26-27, a training on […]

    Capacity Building for Cooperation in in North-East Asia

    GIZ Programme Support for Economic Cooperation in Sub-Regional Initiatives in Asia GIZ SCSI facilitates two Trainings for GTI in Beijing and Ulaanbaatar From September 22-23, SCSI hosted a training in Beijing to enhance the communication capacity for the Secretariat of the Greater Tumen Initiative (GTI). Participants that attended the workshop included GTI Secretariat staff, as well as representatives of the Chinese Ministry of Commerce and the Russian Federation’s Trade Mission. As successful regional economic cooperation within the Greater Tumen Region depends on effective communication between national focal points and the GTI Secretariat, SCSI invited trainer Karsten Weitzenegger to mentor the workshop and to present participants with a broad range of communication tools. After assessing the challenges of communications among the GTI Secretariat, the National Coordinators and other stakeholders, the participants actively engaged in elaborating new concepts to take effective measures towards building communication capacity. From September 26-27, a training on […]

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  • Culemborg, 26 September 2016 – This year WFTO observes Global Anti-Poverty Week (16-22 October 2016) by promoting the 10 Principles of Fair Trade as means to eradicate poverty as desired by the first goal of the 17 Sustainable Development Goals – NO POVERTY. WFTO believes that the principles of Fair Trade are effective overarching tools to fight poverty. Using the concept of ‘Agent for Change’ (Fair Trade as an agent for change), WFTO’s formula to eradicate poverty: Fair Trade + Economic Opportunities = No Poverty Fair Trade is a tangible contribution to the fight against poverty, climate change and global economic crises. The World Bank reports that more than one billion people still live at or below $1.25 a day.1 The World Fair Trade Organization (WFTO) believes that trade must benefit the most vulnerable and deliver sustainable livelihoods by developing opportunities especially for small and disadvantaged producers. Recurring global economic […]

    Fair Trade = no poverty! WFTO promotes 10 Principles of Fair Trade #FairTradeBreaksPoverty

    Culemborg, 26 September 2016 – This year WFTO observes Global Anti-Poverty Week (16-22 October 2016) by promoting the 10 Principles of Fair Trade as means to eradicate poverty as desired by the first goal of the 17 Sustainable Development Goals – NO POVERTY. WFTO believes that the principles of Fair Trade are effective overarching tools to fight poverty. Using the concept of ‘Agent for Change’ (Fair Trade as an agent for change), WFTO’s formula to eradicate poverty: Fair Trade + Economic Opportunities = No Poverty Fair Trade is a tangible contribution to the fight against poverty, climate change and global economic crises. The World Bank reports that more than one billion people still live at or below $1.25 a day.1 The World Fair Trade Organization (WFTO) believes that trade must benefit the most vulnerable and deliver sustainable livelihoods by developing opportunities especially for small and disadvantaged producers. Recurring global economic […]

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  • Trade and investment can be drivers of inclusive growth for sustainable development in Africa, says the ILO’s Deputy Director-General for Field Operations and Partnerships, Gilbert Houngbo, at UNCTAD 14 in Nairobi but calls for more integrated policies to realize that potential. By Gilbert Houngbo, Deputy Director for Field Operations and Partnerships, the International Labour Organization (ILO). Africa’s rapidly growing workforce needs decent work. Increased trade and investment can help drive inclusive growth for sustainable development but we need more integrated policies to realize that potential. It could prove vital for the creation of decent jobs, especially for millions of young Africans, and this is the message that the ILO is bringing to the 14th United Nations Conference on Trade and Development  (UNCTAD 14) being held from 17 to 22 July in Nairobi, Kenya. How to translate decisions into actions after the adoption of the 2030 Agenda for Sustainable Development ? That’s […]

    UNCTAD 14: Policy coherence needed to turn trade into an engine for growth in Africa

    Trade and investment can be drivers of inclusive growth for sustainable development in Africa, says the ILO’s Deputy Director-General for Field Operations and Partnerships, Gilbert Houngbo, at UNCTAD 14 in Nairobi but calls for more integrated policies to realize that potential. By Gilbert Houngbo, Deputy Director for Field Operations and Partnerships, the International Labour Organization (ILO). Africa’s rapidly growing workforce needs decent work. Increased trade and investment can help drive inclusive growth for sustainable development but we need more integrated policies to realize that potential. It could prove vital for the creation of decent jobs, especially for millions of young Africans, and this is the message that the ILO is bringing to the 14th United Nations Conference on Trade and Development  (UNCTAD 14) being held from 17 to 22 July in Nairobi, Kenya. How to translate decisions into actions after the adoption of the 2030 Agenda for Sustainable Development ? That’s […]

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  • Evaluation of Finnish Aid for Trade – Free Webinar Monday, June 13, 2016 1:00 PM – 2:30 PM CEST Register now: https://attendee.gotowebinar.com/register/2812033248815322370 Finland’s Action Plan for Aid for Trade 2012 – 2015 “Creating jobs through private sector and trade development” was evaluated. It was interesting, how the cross cutting objectives and human rights based approach are fulfilled in Aid for Trade projects and analyze the relations between Aid for Trade and other sectors and themes. The evaluation also analyzed different forms of cooperation in Aid for Trade (for example country- and region level, multilateral and EU-cooperation, companies, NGOs etc.) as well as the funding instruments (Finnfund and Finnpartnerhip). This Webinar will serve to present and discuss the conclusions and recommendations.

    Evaluation of Finnish Aid for Trade – Free Webinar

    Evaluation of Finnish Aid for Trade – Free Webinar Monday, June 13, 2016 1:00 PM – 2:30 PM CEST Register now: https://attendee.gotowebinar.com/register/2812033248815322370 Finland’s Action Plan for Aid for Trade 2012 – 2015 “Creating jobs through private sector and trade development” was evaluated. It was interesting, how the cross cutting objectives and human rights based approach are fulfilled in Aid for Trade projects and analyze the relations between Aid for Trade and other sectors and themes. The evaluation also analyzed different forms of cooperation in Aid for Trade (for example country- and region level, multilateral and EU-cooperation, companies, NGOs etc.) as well as the funding instruments (Finnfund and Finnpartnerhip). This Webinar will serve to present and discuss the conclusions and recommendations.

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  • The World Trade Organisation (WTO) has released a new study focusing on SMEs’ lack of access to trade finance, providing a list of recommendations to address the gap. WTO Director-General Roberto Azevêdo has issued a call for action to help close the gaps in the availability of trade finance that affect the trade prospects of small and medium-sized enterprises (SMEs), particularly in Africa and Asia. In a new WTO publication, “Trade Finance and SMEs: bridging the gaps in provision”, which examines the problem and looks into possible solutions, DG Azevêdo says that easing the supply of credit could have a big impact in helping small businesses grow and in supporting the development of the poorest countries. The WTO’s strategy focuses on three fronts: firstly, encouraging global financial institutions to stay engaged, ensuring that regulations are not prohibitive; then, enhancing local financial institutions’ capacity to supply trade finance to SMEs; finally, […]

    Trade finance and SMEs – Bridging the gaps in provision

    The World Trade Organisation (WTO) has released a new study focusing on SMEs’ lack of access to trade finance, providing a list of recommendations to address the gap. WTO Director-General Roberto Azevêdo has issued a call for action to help close the gaps in the availability of trade finance that affect the trade prospects of small and medium-sized enterprises (SMEs), particularly in Africa and Asia. In a new WTO publication, “Trade Finance and SMEs: bridging the gaps in provision”, which examines the problem and looks into possible solutions, DG Azevêdo says that easing the supply of credit could have a big impact in helping small businesses grow and in supporting the development of the poorest countries. The WTO’s strategy focuses on three fronts: firstly, encouraging global financial institutions to stay engaged, ensuring that regulations are not prohibitive; then, enhancing local financial institutions’ capacity to supply trade finance to SMEs; finally, […]

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  • Geneva, 7 Mar 2016 (Global Donor Platform for Rural Development) Trade is a means by which poor countries can leverage economic growth, reduce their levels of poverty and even meet the SDGs. For example, SDG 2 on ending hunger and food insecurity points towards correcting and preventing trade restrictions and distortions in world agricultural markets as an indicator towards its achievement. Trade has furthermore emerged as a means to finance development – a position catalyzed by significant reductions in ODA by traditional donors – as it was featured in the FFD3 outcome document. As part of the Platform’s growing work on trade in agriculture and rural development (ARD), the Annual General Assembly, held on 20th January, posed the following question participants: Are agricultural trade and rural development playing a duet or a solo? This is because the governance issues surrounding agricultural trade lead to a number of debates, particularly surrounding […]

    How to increase the positive impact of trade on rural development

    Geneva, 7 Mar 2016 (Global Donor Platform for Rural Development) Trade is a means by which poor countries can leverage economic growth, reduce their levels of poverty and even meet the SDGs. For example, SDG 2 on ending hunger and food insecurity points towards correcting and preventing trade restrictions and distortions in world agricultural markets as an indicator towards its achievement. Trade has furthermore emerged as a means to finance development – a position catalyzed by significant reductions in ODA by traditional donors – as it was featured in the FFD3 outcome document. As part of the Platform’s growing work on trade in agriculture and rural development (ARD), the Annual General Assembly, held on 20th January, posed the following question participants: Are agricultural trade and rural development playing a duet or a solo? This is because the governance issues surrounding agricultural trade lead to a number of debates, particularly surrounding […]

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  • Geneva, 12 October 2015 (UNCTAD) – The World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD) have pledged to work together towards the integration of developing countries, especially the least-developed among them, into the world economy and the multilateral trading system. WTO Director-General Roberto Azevêdo, and UNCTAD Secretary-General Mukhisa Kituyi signed a joint declaration, as they marked the twentieth anniversary of the WTO at its headquarters in Geneva on 12 October. The agreement further strengthens the collaboration between the UNCTAD and WTO in key areas of their work, and builds on Memoranda of Understanding signed by the organizations in 2003 and 2013. UNCTAD and the WTO believe that trade should play a key role in supporting the implementation of the outcomes of the Third International Conference of Financing for Development, in the achievement of the global Sustainable Development Goals and, above all, in fostering inclusive […]

    WTO and UNCTAD commit to further help poor countries integrate into the global economy

    Geneva, 12 October 2015 (UNCTAD) – The World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD) have pledged to work together towards the integration of developing countries, especially the least-developed among them, into the world economy and the multilateral trading system. WTO Director-General Roberto Azevêdo, and UNCTAD Secretary-General Mukhisa Kituyi signed a joint declaration, as they marked the twentieth anniversary of the WTO at its headquarters in Geneva on 12 October. The agreement further strengthens the collaboration between the UNCTAD and WTO in key areas of their work, and builds on Memoranda of Understanding signed by the organizations in 2003 and 2013. UNCTAD and the WTO believe that trade should play a key role in supporting the implementation of the outcomes of the Third International Conference of Financing for Development, in the achievement of the global Sustainable Development Goals and, above all, in fostering inclusive […]

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  • Boosting productivity key for developing economies to close income gap with advanced countries, says OECD Development Centre Income levels in most developing and emerging countries will not catch up with advanced economies for many decades without efforts to boost productivity, according to a new report by the OECD Development Centre. Developing economies continue to grow faster than more advanced countries. Non-OECD countries’ share in world GDP surpassed that of OECD countries in 2010. Since its first edition in 2010, the annual Perspectives on Global Development has investigated the trends in “shifting wealth”, the increasing economic weight of developing countries in the world economy. “Shifting wealth” has received a boost through the rise of China, which has also led to positive spillover effects on developing economies that supply China’s demand for resource-based products and intermediates. However, even at their higher rates of growth since 2000, the per capita incomes in developing […]

    Perspectives on Global Development 2014: OECD sees productivity as key

    Boosting productivity key for developing economies to close income gap with advanced countries, says OECD Development Centre Income levels in most developing and emerging countries will not catch up with advanced economies for many decades without efforts to boost productivity, according to a new report by the OECD Development Centre. Developing economies continue to grow faster than more advanced countries. Non-OECD countries’ share in world GDP surpassed that of OECD countries in 2010. Since its first edition in 2010, the annual Perspectives on Global Development has investigated the trends in “shifting wealth”, the increasing economic weight of developing countries in the world economy. “Shifting wealth” has received a boost through the rise of China, which has also led to positive spillover effects on developing economies that supply China’s demand for resource-based products and intermediates. However, even at their higher rates of growth since 2000, the per capita incomes in developing […]

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  • Empowering people through investments in skills and technology needed to boost development By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings. Produced annually by the African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP), this year’s report shows that Africa has weathered internal and external shocks and is poised to achieve healthy economic growth rates. The continent’s growth is projected to accelerate to 4.8 percent in 2014 and 5 to 6 percent in 2015, levels which have not been seen since the global economic crisis of 2009. Africa’s economic growth is more broad-based, argues the report, driven by domestic demand, infrastructure and increased continental trade in manufactured goods. “In order to sustain the economic growth […]

    African Economic Outlook 2014: Empowering people through investments in skills and technology needed to boost development

    Empowering people through investments in skills and technology needed to boost development By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings. Produced annually by the African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP), this year’s report shows that Africa has weathered internal and external shocks and is poised to achieve healthy economic growth rates. The continent’s growth is projected to accelerate to 4.8 percent in 2014 and 5 to 6 percent in 2015, levels which have not been seen since the global economic crisis of 2009. Africa’s economic growth is more broad-based, argues the report, driven by domestic demand, infrastructure and increased continental trade in manufactured goods. “In order to sustain the economic growth […]

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  • LIVINGSTONE, Zambia, March 14, 2013/ — “Africa is the last bastion for business globally and, over the next few years, will prove its potential as a stable, lucrative continent for international commerce.” These are the words of Ken Allen, Chief Executive Officer of global express and logistics provider, DHL Express. Allen is in Sub-Saharan Africa to visit countries including Zambia, Kenya, Ethiopia and South Africa, as the operator continues to expand into the continent and increase its already vast footprint into the far-flung, rural areas. He will also attend DHL’s internal employee celebration in Livingstone, Zambia, which acknowledges the company’s ‘superstars’ from over 60 countries. Allen’s visit follows the March 5th announcement by Deutsche Post DHL that the DHL Express division made an EBIT contribution of EUR 1.11 billion in 2012, a 21 percent improvement over 2011. He is also upbeat about commerce in Africa and eager to use this […]

    Global DHL CEO optimistic about Africa’s potential

    LIVINGSTONE, Zambia, March 14, 2013/ — “Africa is the last bastion for business globally and, over the next few years, will prove its potential as a stable, lucrative continent for international commerce.” These are the words of Ken Allen, Chief Executive Officer of global express and logistics provider, DHL Express. Allen is in Sub-Saharan Africa to visit countries including Zambia, Kenya, Ethiopia and South Africa, as the operator continues to expand into the continent and increase its already vast footprint into the far-flung, rural areas. He will also attend DHL’s internal employee celebration in Livingstone, Zambia, which acknowledges the company’s ‘superstars’ from over 60 countries. Allen’s visit follows the March 5th announcement by Deutsche Post DHL that the DHL Express division made an EBIT contribution of EUR 1.11 billion in 2012, a 21 percent improvement over 2011. He is also upbeat about commerce in Africa and eager to use this […]

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  • MANILA, PHILIPPINES – Asia has become increasingly integrated over the past decade, led by growing trade and tourism and, most recently, as the region faced down the global financial crisis and subsequent eurozone crisis, according to a new integration index published in the Asian Development Bank’s (ADB) latest Asian Economic Integration Monitor (http://www.adb.org/publications/asian-economic-integration-monitor-march-2013). “Going forward, greater integration will be harder won as the remaining areas of cooperation are more complex,” said Lei Lei Song, Principal Economist in ADB’s Office of Regional Economic Integration. “Asia needs to avoid complacency and continue to work together in this post-crisis period.” The report warns that the struggles of the eurozone and the fear of the contagion that accompanies greater integration could give Asia’s policymakers pause as they assess the way forward for their region. The index, which monitors foreign direct investment, capital markets, output correlations, trade, and tourism across Asia, shows the level of […]

    Asia is more integrated, but future cooperation will be a complex task

    MANILA, PHILIPPINES – Asia has become increasingly integrated over the past decade, led by growing trade and tourism and, most recently, as the region faced down the global financial crisis and subsequent eurozone crisis, according to a new integration index published in the Asian Development Bank’s (ADB) latest Asian Economic Integration Monitor (http://www.adb.org/publications/asian-economic-integration-monitor-march-2013). “Going forward, greater integration will be harder won as the remaining areas of cooperation are more complex,” said Lei Lei Song, Principal Economist in ADB’s Office of Regional Economic Integration. “Asia needs to avoid complacency and continue to work together in this post-crisis period.” The report warns that the struggles of the eurozone and the fear of the contagion that accompanies greater integration could give Asia’s policymakers pause as they assess the way forward for their region. The index, which monitors foreign direct investment, capital markets, output correlations, trade, and tourism across Asia, shows the level of […]

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