Multilateralism for trade and development

We live in an inter-connected world where goods and services are produced and traded globally. This has brought an unprecedented level of prosperity and has contributed to lifting millions out of poverty. However, barriers of trade remain and new threats to the multilateral trading system are constantly emerging.

It is essential to address these threats and impediments, and promote a broader participation that could continue to benefit all countries and the global economy. International trade is an engine for inclusive economic growth and poverty reduction, and an important means to achieve SDGs.

  1. We provide analysis and policy recommendations and comprehensive statistical monitoring of Developing economies in international trade, including merchandise and services such as tourism. The following trade-related SDG indicators are covered:
    • SDG Indicator 17.11.1: Developing countries’ and least developed countries’ share of global exports
    • SDG indicator 8.9.1: Tourism direct GDP as a proportion of total GDP and in growth rate
  2. We monitor the implementation of the principle of special and differential treatment for developing countries in accordance with WTO agreements and study new developments in New protectionism versus inclusive trade:
    • SDG indicator 17.10.1: Worldwide weighted tariff-average
    • SDG indicator 17.12.1: Average tariffs faced by developing countries, LDCs and SIDS
    • SDG indicator 10.a.1: Proportion of tariff lines applied to imports from LDCs and developing countries with zero-tariff
  3. We tackle trade restrictions and distortions in world agricultural markets and present statistics on the links between Trade, agriculture, food security and biodiversity:
    • SDG indicator 2.b.1: Agricultural export subsidies
    • SDG indicator 2.c.1: Indicator of (food) price anomalies
  4. We examine the role of Policies to promote trade, including Aid for Trade, in support of developing countries, particularly LDCs:
    • SDG indicator 8.a.1: Aid for Trade commitments and disbursements
Through trade, people’s satisfaction, merchants’ profits and countries’ wealth are all increased.
Ibn Khaldun

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