Online discussion: LDC graduation & COVID-19
Only 5 countries have graduated from LDC status since the category was established in 1971. 12 are set to potentially graduate in the coming years, largely based on economic gains. But with COVID-19 slowing economies and trade, is LDC graduation in peril?
COVID-19 and trade: Challenges ahead for least developed countries and Small Island Developing States
Originally published by the Overseas Development Institute (ODI) on 1 April 2020
How trade can assist least developed countries hit by natural disasters
Many least developed countries are vulnerable to recurrent natural disasters, which exacerbate existing challenges, disrupt long-term investments and divert resources away from development to reconstruction.
Change in mindset sees Vanuatu become rising star of economic development
Vanuatu became a member of the World Trade Organisation (WTO) back in 2012, and has made immense economic progress.
Ethical trade in natural products based on traditional knowledge
There are examples of sustainable, fair and ethical trade in products based on natural, biological resources and traditional knowledge.
EIF address at the launch event of the Vanuatu National Single Window Project and the eTrade Readiness Assessment
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
Solomon Islands and Vanuatu gear up for e-commerce
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
Infographic: Vanuatu eTrade Readiness Assessment
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
Strategic partnership for trade development: The EIF and the Pacific Islands Forum Secretariat
Often, the Pacific seems very far. With these new partnerships, we are cutting the distance to ensure that trade-led development brings tangible benefits to the people in the Pacific, including women and youth.
Coordinating on trade in Vanuatu
On 29 May 2012 Willie Luen was preparing to emcee one of the most important meetings of his life. He remembers that the room — a hotel conference room in Port Vila, the capital city of Vanuatu — was so packed with people that the windows were starting to fog up.
Market mamas work together to promote Vanuatu-made products
Rosalie’s day starts at 4 a.m., kneading coconut cream rolls with her eldest daughter to sell at the local community shop down the road from her house.
Vanuatu, a series of small islands surrounded by clear, blue water in the South Pacific, is a natural tourist attraction – and its economy depends heavily on the sector, which employs 55 percent of Vanuatu’s labor force and represents 65 percent of its gross domestic product (GDP).