Source: United Nations Conference on Trade and Development (UNCTAD) |

Coronavirus: International transport and supply chains key to COVID-19 recovery - UN agencies

Eight UN organizations urge governments to take a risk-based approach to restoring maritime, air, and inland connectivity with minimal restrictions

The social and economic disruption of the COVID-19 pandemic is impacting countries’ efforts to improve livelihoods and achieve the Sustainable Development Goals (SDGs). The early responses to restraining the spread of the COVID-19 pandemic negatively impacted all transport operations, leading to severe disruptions of supply chains and trade flows worldwide. …

Source: United Nations Conference on Trade and Development (UNCTAD) |

Coronavirus: UN Report shows How Public Procurement is a Powerful Tool for Sustainable Development

Strategic government spending on goods and services can increase the uptake of sustainability standards in the wake of COVID-19

As governments respond with unprecedented spending to combat the coronavirus pandemic, a new report released by the United Nations Forum on Sustainability Standards (UNFSS), urges them to ensure public procurement does no harm to people and the planet. The report entitled “Scaling up Voluntary Sustainability Standards through Sustainability Public Procurement and Trade Policy” explores…

Source: United Nations Conference on Trade and Development (UNCTAD) |

Coronavirus - Africa: Life after lockdown - Rebuilding tourism globally, sustainably

The global tourism standstill due to COVID-19 has cost the sector dearly, especially in countries heavily reliant on it, like small island nations. A new UN report maps how tourism could be rebuilt. For Mahmood Patel, 2020 was supposed to be a bumper year for his Barbados-based, tourism-dependent small business…

Source: United Nations Conference on Trade and Development (UNCTAD) |

Coronavirus: Ugandan e-commerce platforms power recovery from COVID-19 crisis

Partnerships with development agencies and government efforts to boost the digital economy are helping soften the economic blow of the pandemic

David Akanshumbusha sells groceries at a stall in Nakawa market on the outskirts of the Ugandan capital, Kampala. He’s also on SafeBoda, a motorcycle (‘bodaboda’) taxi hailing app that recently launched an e-commerce platform to connect market vendors with customers after the country went on lockdown to control the spread of…

Source: United Nations Conference on Trade and Development (UNCTAD) |

Coronavirus - Angola: COVID-19 affirms urgency of trade facilitation reforms in Angola

The coronavirus (COVID-19) pandemic’s blow to global oil prices has re-emphasized the need for Angola to wean its economy off volatile fuel exports

The nation’s oil-dependent economy has been hit by low demand due to the coronavirus pandemic. It’s banking on trade facilitation reforms to improve competitiveness in other sectors. The coronavirus (COVID-19) pandemic’s blow to global oil prices has re-emphasized the need for Angola to wean its economy off volatile fuel exports.…

Source: United Nations Conference on Trade and Development (UNCTAD) |

Global Actors gather to forge a common front against Illicit Trade

It endangers public health, as sub-standard and fake antimalarial medicines alone cause more than 100,000 deaths per year in Sub-Saharan Africa

The global economy loses more than US$2 trillion annually due to smuggling, counterfeiting, trafficking of humans and wildlife and other forms of illicit trade that hold back progress on the global development agenda. To address this alarming problem, UNCTAD and the Transnational Alliance to Combat Illicit Trade (TRACIT) are convening the first-ever Illicit…

Source: United Nations Conference on Trade and Development (UNCTAD) |

Successful Digital Women Entrepreneurs at UN Assembly

Five of the seven advocates – hailing from China, Côte d'Ivoire, Indonesia, Iran, Mexico, North Macedonia and Rwanda – will be introduced to the world

Five successful women entrepreneurs who have broken new digital ground and created wealth and employment in various developing countries will be unveiled on the margins of the 74th session of the UN General Assembly in New York next week. They will join world leaders as they review the progress made…

Source: United Nations Conference on Trade and Development (UNCTAD) |

Angola Receives UNCTAD’s Support On Business Climate Reforms To Boost Economic Diversification And Responsible Investment In Agriculture

The Ministry of Trade, the Ministry of Economy and Planning and UNCTAD discussed reforms to boost FDI for economic diversification during the presentation of the Investment Policy Review (IPR)

The national workshop was organized in the context of the presentation of UNCTAD’s Investment Policy Review of Angola. It took place on 4 and 5 September with participants from the public and private sector. Speaking about the country’s development objectives and investment reform priorities, Joffre Van-Dúnem, Minister of Trade, stressed…

Source: United Nations Conference on Trade and Development (UNCTAD) |

Speakers announced for crucial United Nations Meeting on Science, Technology and Innovation for Development

UNCTAD will also present its national science, technology and innovation policy (STIP) reviews of Ethiopia, Panama, and Uganda

The event, A Conversation with Great Minds, kicks off the 22nd annual session of the CSTD and will be moderated by award-winning journalist and Reuters Business correspondent Didi Akinyelure. This year’s Conversation with Great Minds follows a similar debate between Nobel Laureate chemist Professor Jacques Dubochet and renowned mathematician and physicist Sir Roger Penrose in…

Source: United Nations Conference on Trade and Development (UNCTAD) |

East African bloc agrees to make regional trade cheaper, faster and simpler

Representatives meet in Nairobi in parallel with Africa eCommerce Week

Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda agreed today to make trade between them and with other countries cheaper, faster and simpler in a significant boost for economic integration in East Africa and continental trade facilitation. Meeting in Nairobi, Kenya, representatives of the nations – who are…