By Caribbean Business Report The United Kingdom has announced nearly $1 million in new funding to extend the decade long “Accelerate trade facilitation” programme for another year. Established in 2015, the programme is a collaborative initiative led by UN Trade and Development (UNCTAD), His Majesty’s Revenue and Customs (HMRC) of the United Kingdom, and the […]
By Caribbean Business Report| Editorial credit: Michael Derrer Fuchs / shutterstock.com The UN Trade and Development chief calls for collaborative action from the Group of 20 to safeguard global growth and shared prosperity. G20 economic cooperation is more vital than ever in a world of low growth, soaring debt, high uncertainty, weak trade and low […]
By unctad.org | Photo credit: UNCTAD As the G20 presidency moves from Indonesia to India, Brazil, and now South Africa, the Global South has been at the forefront of shaping international trade and economic cooperation. Global South leadership is reshaping trade and economic cooperation Regional integration and South-South trade offer new pathways for development UN […]
By Caribbean Business Report | Photo credit: Ms. Barbara D’Adrea Adrian, Chief of the International Trade Statistics Section Regional governments should increase investment in trade enabling initiatives which strengthen both competitiveness and efficiency, says Ian Durant, the Caribbean Development Bank’s (CDB, the Bank) Director of Economics. Speaking at the joint Regional Workshop on Measuring Digital […]
Global trade is set to reach a record $33 trillion in 2024, according to the latest Global Trade Update published by UN Trade and Development (UNCTAD) on 5 December. This $1 trillion increase, reflecting 3.3% annual growth, highlights resilience in global trade despite persistent challenges. Robust growth in services trade, up 7% for the year, […]