UNCTAD in the Media
If Britain leaves the EU without a deal, the bloc and Britain's smaller trading partners stand to lose big, but Beijing and Washington could reap huge benefits, the UN said Tuesday. In a fresh report, UNCTAD examined what repercussions it would have for Britain's trading partners if the country crashes out of the European Union without a deal.

“Globalisation of manufacturing and trade are facing fatigue from geopolitics and trade war. This has led to disruption and or slowdown in global trade value chain and decline in return on foreign direct investment (FDI), but the exponential growth in digital trade volumes are expected to drive investments in that direction,” said Dr Mukhisa Kituyi, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).

The first meeting of the Group of Friends of investing in the SDGs is scheduled to take place in H2 2019. The corresponding agreement was reached at a meeting between Belarus' Permanent Representative to Geneva Yury Ambrazevich and UNCTAD Secretary-General Mukhisa Kituyi on 4 April.

UNCTAD Explores Financing Sources for SDGs in Cities
International Institute for Sustainable Development (IISD)
21 March 2019
The March 2019 issue of UNCTAD's IPA Observer focuses on sources of financing for SDG projects and ways to enhance the sustainable development impact of investment, while providing takeaways for cities and IPAs. The document explores case studies from Bogota (Colombia), Cape Town (South Africa), and Dubai (United Arab Emirates).

To help the Lebanese government identify some of the problematic legal and administrative procedures, the Investment Development Authority Lebanon (IDAL) has mandated UNCTAD to complete a comprehensive report on Lebanon.

A new UN report Monday showed that demand for electronic components used in internet devices drove the trade value in international imports of information and communications technology (ICT) goods in 2017 to reach 2.1 trillion U.S. dollars.

​Just months after UNCTAD said that internal migration would fuel Africa’s growth and development, AfDB is echoing the call. On Monday 4 March, the Bank’s Senior Vice-President Charles Boamah opened the third annual Africa Resilience Forum (ARF), by detailing the benefits that safe, controlled migration bring to countries of origin, transit and destination.

China leads in growth of creative economy
The Telegraph
21 February 2019
In the second edition of the Creative Economy Outlook: Trends in International Trade in Creative Industries, published on 14 January 14, Unctad examines the global creative industry between 2002 and 2015 and offers profiles of 130 countries, with China’s performance standing out.

The US plans to increase tariffs on Chinese goods if the two sides fail to make progress on a trade deal by 1 March. The comments followed a report by a UN trade agency [UNCTAD] on the impact of the US-China trade war. It said Asian countries are likely to suffer most from protectionism.

The trade war between the United States and China has caused major disruptions for global businesses — but it may also bring benefits for some. Companies in Europe, Mexico, Japan and Canada could add tens of billions of dollars in export orders if the conflict drags on, according to a study released this week by the United Nations Conference on Trade and Development.

​Fifty years ago the world’s shipping industry was experiencing the onset of changes which were destined to have a lasting impact and shape the pattern of activities seen in today’s markets. This feature represents continuity. But there were events during the past half century representing discontinuity, upheavals (mostly unforeseen) greatly disrupting markets. The next half-century ahead probably will see many more disruptive changes.

​Electronic commerce experts, politicians and technology entrepreneurs are meeting in Kenya this week to explore how Africa can develop online retail businesses. The E-Commerce Africa event in Nairobi is supported by the European Union and United Nations. Shamika Sirimane, a director at the United Nations Conference on Trade and Development, tells the BBC's Russell Padmore how online retail is a lucrative business, which could benefit many economies.

Financing entrepreneurs can build devleoping African economies
Radio France International (France)
20 November 2018
​Entrepreneurs have an important role to play, even in the poorest countries, the UN's body for trade has told RFI, as African countries marked Africa Industrialisation Day, Tuesday. In its latest report on Least Developed Countries, the UN urges more investment towards start-ups with a real potential for growth.

​GENEVA — To achieve the ambitious Sustainable Development Goals, the United Nations has been widening calls for support from the private sector — and some believe stock markets could play an important role.

​GENEVA — Global foreign direct investment (FDI) fell by 41 percent to $470 billion in the first six months of this year, the lowest since 2005, preliminary figures from the United Nations trade and development agency UNCTAD showed on Monday.

UN Report: Trade war threatens outlook for global shipping
Global Trade Magazine (US)
03 October 2018
​The outbreak of trade wars and increased inward-looking policies threaten the prospects for seaborne trade. That was the outlook projected by UNCTAD Secretary General Mukhisa Kituyi when launching the 2018 edition of the UNCTAD Review of Maritime Transport at the Global Maritime Forum’s Annual Summit now taking place in Hong Kong.

​An “explosion” in corporate and household debt across the developing world since the financial crisis has left some of the world’s poorest countries with little protection against Donald Trump’s trade wars and a slowdown in global growth.

​Dans cette chronique, l’économiste indienne Jayati Ghosh estime que c’est en luttant contre le comportement prédateur de multinationales en situation de monopole que les bienfaits du libre-échange pourront être développés et équitablement partagés.

​GENEVA (Reuters) - Palestinian citizens are trapped in an economy of jobless growth with no prospects, especially in Gaza, which is undergoing “de-development”, the United Nations trade and development agency UNCTAD said in an annual report published on Wednesday.

​A senior economist with the United Nations has made a terse warning about the state of the global economy, saying that it is "is increasingly vulnerable and fragile."

Building Africa's Digital Markets
Africa News (Africa)
26 July 2018
​Kenya, South Africa and Nigeria lead the continent in the performance of e-commerce as they have all recorded approximately 6 percent of overall trade as being conducted in digital platforms as at the end of 2017.Kenya has one of the most advanced mobile money payments systems in the world with about 85 percent of adults having a mobile bank accounts.

​Les migrations africaines pourraient stimuler la croissance et transformer positivement la structure de l’économie du continent. C’est le constat qui ressort du rapport 2018 sur le développement en Afrique, un rapport publié récemment par la CNUCED, la conférence des Nations Unies sur le commerce et le développement.

The Costs of Trade War
Project Syndicate (Czech Republic)
18 June 2018
​by Mukhisa Kituyi The Trump administration's introduction of sweeping import tariffs on steel and aluminum raises the real possibility of a global trade war. The effects would be felt everywhere, but especially in the world's poorest countries, and everything from the current global recovery to the Sustainable Development Goals could now be in jeopardy.

Unctad senior director reports FDI fall for 2017
fDi Intelligence (UK)
14 June 2018
​Dr James Zhan, senior director of the investment and enterprise division at Unctad, discusses the findings of the World Investment Report – released on June 6, 2018 – with Courtney Fingar.

​Global flows of foreign direct investment plunged 23 percent in 2017 to a three-year low amid a decline in cross-border mergers and acquisitions, a trend the United Nations called “troubling” for the risk it poses to emerging economies.

​Isabelle Durant, CNUCED Les technologies de pointe et l’innovation vont-elles donner ce coup de pouce dont les pays les plus pauvres ont tant besoin ? Les success story sont déjà nombreuses. Dommage que le rythme de la décision politique - et de sa mise en œuvre - est inversement proportionnel à celui de l’évolution technologique.

​Claudia Roethlisberger, Economic Affairs Officer with the United Nations Conference on Trade and Development (UNCTAD) was in Kigali last week to launch the UN body’s 2018 Economic Development in Africa Report which argues, among others, that well-managed migration provides an important means for helping to achieve the Sustainable Development Goals, in Africa and beyond. Roethlisberger, who co-authored the report talked to Sunday Times’ James Karuhanga about how African migration can actually play a key role in the structural transformation of the continent’s economies, and also shed light on key myths about migration.

​Fracking transformed US energy production, but Europe and the rest of the world will struggle to repeat the trick, finds global report

​GENEVA, May 15 (Xinhua) -- Technologies on the frontier of what is possible can boost the agenda of the Sustainable Development Goals (SDGs) and help find 21st-century global solutions for economic social and environmental challenges, says a UN report published Tuesday.

Donald Trump is playing with fire. That thought permeated last week’s spring meetings of the International Monetary Fund and World Bank in Washington. The president’s rejection of multilateralism is risky but our 70-year-old rule-based system is far from perfect [...] as Richard Kozul-Wright, the chief economist at UNCTAD pointed out, the multilateral system operating in 2018 is by no means the one envisaged by its original architects in the 1940s.

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