News

The European Union has approved additional funds for a project supporting the African nation’s quest to diversify exports and reduce its dependency on oil for economic growth.

The government sees honey as a product that could help diversify the country’s oil-dependent economy and is working with UNCTAD and the European Union to improve production and boost exports.

While it is the fastest growing economy in Latin America, the Dominican Republic’s economy is still not diversified enough, a joint report shows, highlighting what needs to be done.

An UNCTAD study highlights opportunities for Bhutan, Kazakhstan, Mongolia and Turkmenistan to diversify their exports and transform their commodity-driven economies.

The nation’s oil-dependent economy has been hit by low demand due to the coronavirus pandemic. It’s banking on trade facilitation reforms to improve competitiveness in other sectors.

Written byPaul Akiwumi, Director, Division for Africa, Least Developed Countries and Special Programmes, UNCTAD

Ghana's future depends on developing its skill-base with free education for all and a "Marshall Plan" for farmers, according to the West African nation's Vice-President Dr. Mahamudu Bawumia.

The Honorable Robert K. Sichinga, Minister of Commerce, Trade and Industry of Zambia will be addressing the high-level segment of the 59th session of UNCTAD's Trade and Development Board on Monday, 17 September.

Reducing restrictions on temporary movement of all labour categories could open win-win opportunities for both sending and receiving countries, UNCTAD Secretary-General Supachai Panitchpakdi told the interactive sessions on Reducing Obstacles to Travel Mobility, and on Enabling Trade, at the WEF conference on East Asia in Bangkok on 30 May.