Fundamental changes are taking place in the global trade landscape, and the Commonwealth, with its diverse membership, is adapting to and coming to terms with these changes. This shifting landscape offers tremendous potential for Commonwealth countries to expand their trade between members and overall.
We provide technical assistance to member countries to help improve their trade competitiveness in global markets. Recognising the limited size of the domestic market in many member countries, we focus primarily on export development, with interventions targeted at improving domestic capacity, market access, exports of services and trade facilitation.
There are 24 on-going projects in the following countries: Belize, Botswana, COMESA, Grenada, India, Jamaica, Kenya, Mauritius, Mozambique, Nigeria, Pakistan, Papua New Guinea, Sierra Leone, Sri Lanka, St. Kitts.
This Commonwealth-led initiative is designed to help small countries import goods at competitive prices and enhance their trade flows. Structured as a guarantee fund, the Facility will cover risk for providers of trade credit in financial institutions of Commonwealth countries.
We carry out policy analysis, consultations and global advocacy to promote the trade and development interests of our members, particularly the most capacity-constrained countries belonging to groups such as small states, least-developed countries and Sub-Saharan Africa.
Projects: Report assessing the implementation of the Istanbul Programme of Action for LDCs; African and Caribbean regional consultations on ‘Recent Developments in Trade’; Joint international seminar on ‘Oceans Economy and Trade’; Briefing prepared for the Commonwealth-Francophonie Annual Dialogue with G20; Meeting of Commonwealth Expert Group on Trade: 'Revitalising Global Trade and Multilateralism'.
The Hub and Spokes II Programme is an innovative Aid for Trade programme that enhances trade capacity in the African, Caribbean and Pacific (ACP) group of states by deploying trade experts to national ministries and regional trade organisations to assist with the formulation, negotiation and implementation of trade policies, strategies and agreements at national, regional and international levels. It is a joint Programme of the European Union (the main donor), ACP Group Secretariat, the Commonwealth Secretariat and the Organization Internationale de la Francophonie.