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  • Supporting small states

    The Commonwealth supports vulnerable small states through a range of initiatives, including advocacy to help them access funding for development projects and resilience profiling to identify development challenges and best-fit solutions

     

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  • Securing finance for climate action

    Climate change is reversing progress on poverty alleviation, economic growth and stability across the world and small states can suffer its impacts in a disproportional way. 

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  • Creating better trade opportunities

    The Commonwealth supports member countries to improve their export competitiveness and diversify exports. Through our expertise and assistance member countries secure better trade deals and make more effective use of financial and technical assistance for trade development.

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  • Financing for development

    The Commonwealth has a longstanding commitment to improve financing for development. We offer practical support to address debt and participate in innovative financing initiatives, to protect remittance flows, and for more inclusive and effective international tax co-operation.

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Economic development

The Commonwealth is working with governments, international development partners, grassroots organisations and civil society to help both developing and developed countries enjoy economic growth and stability.

Many of our members are small and vulnerable and face challenges to finance basic public services, are burdened with high debt and have had limited success in securing the benefits of global trade.

Traditional sources of finance for these countries – such as taxation and development assistance – while critically important, are insufficient to meet these challenges.

Commonwealth calls for urgent agreement on harmful fishing subsidies

Commonwealth Deputy Secretary-General Deodat Maharaj today called for urgent agreement on harmful fishing subsidies to protect the trade and development interests of small states, which heavily depend on exports from this sector.

Trade ministers pledge to harness Commonwealth advantage at historic meeting

Commonwealth trade and investment ministers concluded their two-day meeting in London today with a commitment to make full use of the ‘Commonwealth advantage’ to boost trade within the 52-member bloc.

International partners chart course to a blue economy Caribbean

An ambitious international project to help Caribbean countries unlock the full economic potential of the seas took a step closer with a meeting of international partners at the Commonwealth’s headquarters last week.

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