The Regulatory Connectivity Cluster is working to improve regulatory regimes for trade and investment across the Commonwealth.

  • Good regulatory practices – The Regulatory Connectivity Cluster is developing a common understanding of best practice for Good Regulatory Practices (GPRs) and to build capacity for Commonwealth members to design and implement GRPs.
  • Ease of doing business –  Members are exchanging knowledge and experiences on ease of doing business reforms and ways to ease regulatory challenges for micro, small and medium enterprises.
  • Non-tariff barriers – The Cluster is facilitating trade and investment supportive international regulatory cooperation within the Commonwealth. They are cooperating to support inter-operability of systems and regulations in order to reduce regulatory barriers to intra-Commonwealth trade.

Connectivity Agenda   View all clusters

Quick facts

Regulatory Governance Index

4.5
Canada, Malaysia, Malta and New Zealand score highest among Commonwealth countries on the Regulatory Governance Index, with scores between 4 and 5.

 

Regulatory Governance Index

3
There is significant variation in regulatory quality and coherence across the Commonwealth – Commonwealth members such as Barbados, Mauritius, Seychelles, Solomon Islands and Zambia score below 3 on the Regulatory Governance Index.

 

International regulatory cooperation

1
International regulatory cooperation can support increased trade flows: the inclusion of a transparency provision in a regional trade agreement can increase trade flows by more than 1 per cent.