Latest content: Trade and economy

For more information contact our Trade team

Blog by Dr Thomas Munthali, Commonwealth Secretariat’s Head of Economic Policy and Small States.

The year 2025 marked a defining moment for the global economy — and an especially consequential one for small and vulnerable states. As the world grappled with geopolitical tensions, trade fragmentation, energy transitions and tightening fiscal and financial conditions, uncertainty became the new normal. For small states, already navigating narrow economic bases and heightened exposure to external shocks, the stakes could not have been higher.

Yet 2025 was not defined by pressure alone. It was also a year that underscored the enduring strength of the Commonwealth family and the tangible value of working together.
Read news - Blog: Building economic resilience in Commonwealth Small States through collective action
The Government of Belize, in partnership with the CARICOM Competition Commission (CCC) and the Commonwealth Secretariat, recently concluded a three-day capacity building workshop to strengthen national expertise in competition law and policy. The training took place from 10 to 13 February in Belmopan.
Read news - Commonwealth Secretariat, Belize and CARICOM Competition Commission partner to improve competition law and policy
In Malawi, agriculture underpins the livelihoods of the majority of the population and forms the backbone of the national economy. Estimates indicate that over 80 percent of Malawians are dependent in some way on agriculture; ensuring the sector’s equitable and sustainable growth is therefore critical for the country’s economic growth and continued progress for communities and families.
Read news - Malawi agriculture and trade officials prepare for WTO agriculture negotiations
How can countries navigate fiscal pressures while still nurturing the potential of their young people? How can we design economic frameworks that are both responsive today and transformative for tomorrow? This publication draws on the latest findings from the Commonwealth Youth Development Index to offer a clear, data-driven picture of where progress is being made – and where it is at risk.
Read publication - Public Debt and Youth Development in Commonwealth Member Countries
This report provides a comprehensive assessment of trade-related regulatory frameworks – covering both conventional and digital domains – across seven Indo-Pacific economies: Australia, New Zealand, India, Singapore, Malaysia, Fiji and Samoa. The analysis focuses on identifying regulatory inconsistencies, non-tariff barriers and institutional gaps that hinder cross-border trade, with the objective of informing a phased roadmap towards regulatory coherence and regional economic integration.
Read publication - Regulatory Coherence on Trade in the Indo-Pacific
The International Trade Centre (ITC) and the Commonwealth Secretariat today signed a memorandum of understanding (MOU) to extend a long-standing partnership, setting out a three-year programme of work to support sustainable, inclusive and digitally enabled trade across the Commonwealth, an association of 56 countries over five continents.
Read news - Commonwealth, ITC to prioritise small island resilience, intra-African trade, critical minerals in new agreement
The ‘America First’ trade agenda advanced by the current US administration, featuring higher tariffs and stricter trade controls, poses a threat of increased barriers to trade worldwide. The scale and geographical scope of these tariffs mean they are set to exert immensely disruptive effects on trade. Moreover, the ‘on/off’ transactional approach to tariff setting adopted by the US — reflected in constantly changing reciprocal tariff rates and implementation dates — has created unprecedented global turmoil, causing significant uncertainty in international trade, generating confusion in global financial markets and fragmenting global trade flows.
Read publication - The Ripple Effects of US Tariffs