News and Updates

 COVID-19: UNCTAD warns of ‘lost decade’ if countries adopt austerity
UNCTAD's Trade and Development Report 2020 says coordinated public action is urgently needed for a better economic recovery.
 Bold public spending only way to recover better from COVID-19
UNCTAD's Trade and Development Report 2020 says the multilateral system needs to lend a bigger hand to developing countries given the constraints on their fiscal space.
 Raising wages, squeezing corporate rents key to recovery from COVID-19 shock
UNCTAD's Trade and Development Report 2020 warns that the global economy has grown more fragile, marred by deeper inequalities.
 International transport and supply chains key to COVID-19 recovery: UN agencies
Eight UN organizations urge governments to take a risk-based approach to restoring maritime, air, and inland connectivity with minimal restrictions.
 How COVID-19 is changing global value chains
Written by
Piergiuseppe Fortunato, Economic Affairs Officer, UNCTAD
 Digital platforms give lifeline to Kenya’s creatives amid COVID-19
With live shows on pause due to the pandemic, creative industries in Kenya are tapping into new revenue streams on digital platforms and outlets to build resilience.
 COVID-19: A threat to food security in Africa
Written by
Paul Akiwumi, Director, Division for Africa, Least Developed Countries and Special Programmes, UNCTAD
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UNCTAD15, the UN trade and development body's fifteenth quadrennial conference, will take place under the theme “From inequality and vulnerability to prosperity for all” as the world seeks solutions for a global new normal.

 Growing plastic pollution in wake of COVID-19: how trade policy can help
The pandemic has led to a surge in pollution from disposable products like plastic face masks and hand sanitizer bottles. Effective trade rules can help limit the spread of coronavirus waste.
 Why a sustainable blue recovery is needed
Written by
Mukhisa Kituyi, UNCTAD Secretary-General
Dona Bertarelli, UNCTAD Special Adviser for the Blue Economy
 Trade policy can ensure inclusive prosperity in wake of COVID-19
Written by
Chantal Line Carpentier, UNCTAD, and Katrin Kuhlmann, Georgetown Law School
 Trade officials equipped to manage non-tariff measures amid COVID-19
Over 150 officials complete an UNCTAD online course delivered as part of efforts to help developing countries tackle the impacts of the coronavirus pandemic.
 Should digitally delivered products be exempted from customs duties?
Written by
Rashmi Banga, Senior Economic Affairs Officer, UNCTAD
 Landlocked central Asian nations show potential beyond commodities
An UNCTAD study highlights opportunities for Bhutan, Kazakhstan, Mongolia and Turkmenistan to diversify their exports and transform their commodity-driven economies.
 COVID-19 stalls progress on Global Goals
UNCTAD’s SDG Pulse 2020 shows that progress on critical targets of the sustainable development goals has stalled amid the coronavirus crisis.
 Coronavirus will cost global tourism at least $1.2 trillion
UNCTAD estimates that for every $1 million lost in international tourism revenue, a country’s national income could drop by up to $3 million. The effects on employment could be dramatic.
 G-20 Investment measures
Governments take measures to protect health-related industries to prevent acquisitions where companies suffer from temporary financial stress.
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Training positions East African trade facilitation committees to work more closely and in a coordinated fashion for smooth recovery of intra-regional trade after the pandemic.

 Global foreign direct investment projected to plunge 40% in 2020
COVID-19 causes steep drop in investment flows, hitting developing countries hardest. Recovery is not expected before 2022, says new UNCTAD report.
 COVID-19 will likely transform global production, says UN report
New UNCTAD report shows reshoring, diversification and regionalization will drive restructuring of global value chains in the coming years.
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