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UNCTAD and UN regional commissions are piloting new methods for tallying the cross-border movement of money that is illicit in origin, transfer or use.
New UNCTAD estimates show that infrastructure finance is up due to recovery stimulus packages, but greenfield investment activity remains weak across industrial sectors.
By Rebeca Grynspan, Secretary-General of UNCTAD
A pilot training project out of Brazil has re-shaped the way Empretec, UNCTAD’s premier entrepreneurship initiative, delivers amid pandemics and in a digitally transformed world.
Throughout the year, UNCTAD’s online trade facilitation courses helped officials from 27 countries gain knowledge and skills needed to implement World Trade Organization mandates.
UNCTAD’s ASYCUDAWorld will help the vulnerable Pacific island nations automate import and export clearance procedures, reducing the time and costs needed to move goods across their borders.
A detailed UNCTAD study and economic dataset shows that without closures and military operations, GDP per capita in the West Bank in 2019 would have been 44% higher than its actual value.
A new free trade agreement, covering a third of the world economy, will eliminate 90% of tariffs among 15 East Asian and Pacific countries and is expected to boost intraregional exports by $42 billion.
Unlocking the potential of Industry 4.0, or the fourth industrial revolution, in a post-pandemic world requires stronger global collaboration to ensure all countries have access to the technology and skills necessary.