EIF support contributed significantly to policy reviews, alignment of legislation, development of consumer protection standards, and enhancing the capacity of sector stakeholders, including through recruitment of technical staff.
The partnership between Bhutan and the EIF stretches back to 2009. Directly contributing to several UN Sustainable Development Goals (SDGs), particularly SDG 8 on decent work and economic growth, the EIF facility was well aligned to work within the context of Bhutan's development philosophy. The EIF supported the development of Bhutan's trade agenda roadmap, improving policies supporting pro-poor trade and strengthening institutional coordination, including human capacity for trade and development. Beyond this, the EIF contributed to building the productive capacity of farmers SMEs and facilitated the country's ability to leverage additional funding through catalytic project support.
The Ministry of Tourism hosts the handicraft and Souvenir Development project, which is supported by the Enhanced Integrated Framework (EIF); with among other objectives being improving quality, standards and marketing tourism exports such as souvenirs to boost foreign exchange.
The EIF recognises that our contribution to creating a thriving e-commerce ecosystem in LDCs is part and parcel of a bigger effort bringing together the expertise and skills of many others. While some are working together with the private sector, including small businesses, others are working with governments. While some invest in building digital infrastructure, others impart knowledge to build digital skills and yet others provide support to prepare and implement e-commerce policies.
LDCs have traditionally relied on high-cost, low-impact means of showing off their goods by, for example, hiring booths at trade shows and expos. Ecommerce platforms allow them to exponentially grow the number of products they can show off to potential customers, simplify the selling process, reduce transactional costs, increase trade revenues, and boost economic growth.
Resilience is necessary in the rice trade, developing it requires many
About 80% of Cambodians are rural farmers, and rice is the country’s main crop. But, until the last decade or so, the sector had not been living up to its potential.
Expanding and diversifying productive capacities will better position least developed countries (LDCs) to tap the financing and e-trade opportunities that will underpin their Covid-19 recovery. This was a recurrent theme in the United Nations Conference on Trade and Development (UNCTAD) Least Developed Countries Report 2020, which cautioned however that the international community must first rally with resources, policy space and better international support measures.
The government of Uganda put containment measures in place to tackle COVID-19. These included quarantines; bans on public gatherings and weekly markets; closures of schools, borders and nonessential retail outlets; and the suspension of international flights.
The digital transformation provides developing economies new opportunities to leapfrog industrial age infrastructure, to draw on the vast knowledge spillovers from the internet, to take advantage of new markets offered by digital platforms and to exploit production possibilities enabled by digital technologies.
Following UNCTAD’s Ecommerce Week in April 2019 and on the cusp of a new partnership with EIF to boost ecommerce, Rwanda’s Ambassador and Permanent Representative to the United Nations and other International Organisations in Geneva discusses the state of play for online trade in the country
The Global Trade Professionals Alliance (GTPA) is delighted to partner with the EIF Programme on a session focussed on building skills for the digital economy through education, interaction & advocacy as part of Africa e
Launching of these specific initiatives demonstrates the progressive vision of Vanuatu to stimulate the economy and leverage opportunities through international trade for delivering growth and development
Consumers and businesses in two remote Pacific island nations can look forward to a better connected and more prosperous future, according to assessments made by UNCTAD of their readiness to benefit from electronic commerce
The Government has shown a strong interest in adopting economic and social policies that can facilitate the development of the Internet economy, of which e-commerce is one segment. Unlocking its potential will also reduce distance to markets, reduce “sealockedness” and enable Vanuatu to leapfrog certain barriers associated with physical trade
The distinctive character of trade policy 3.0 is that, in addition to “writing down the rules” of trade in natural language (trade policy 1.0) and use of “single window systems” that replicate paper-based delivery in the digital realm (trade policy 2.0), countries are able to publish computational rules to the Internet in a standard way
The Pacific Island nation of Samoa has made considerable progress in recent years in getting businesses and consumers online but still faces challenges before being fully ready to benefit from e-commerce, an UNCTAD and EIF assessment of the country says.