Telling the trade stories of least developed countries

A better access to trade finance in least developed countries (LDCs) could allow businesses to have the financial tools to participate in national, regional or global trade.

Photo: An apparel worker at a garment factory that reopened amid the COVID-19 pandemic in Dhaka, Bangladesh.

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

COVID-19 has led to a steep decline in business for operators in protected areas, coupled with a substantial drop in future booking requests.

Originally published by UNCTAD on 7 May 2020

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