As part of their Americas strategies for COVID-19 response and , has contributed to the development of the new multilateral agreement to liberalize air cargo services in the region. The agreement comes into effect immediately among its ten signatories and establishes expanded traffic rights permitting regional airlines to provide all-cargo services between two other States without restrictions on routes and capacity. The 10 states involved are Brazil, Chile, Dominican Republic, Ecuador, Guatemala, Panama, Paraguay, Peru, Uruguay and Venezuela.
Trade and Commerce
The Trade Facilitation West Africa programme managed by the World Bank focuses on reducing trade barriers for small-scale cross-border traders in West Africa.
The government sees honey as a product that could help diversify the countrys oil-dependent economy and is working with and the European Union to improve production and boost exports. Angola currently produces 90 tons of honey each year, but an showed that Angolas 100,000 or so beekeepers mostly small entrepreneurs could easily more than double production to 200 tons. Its possible to produce honey in every region.
The International Day of Cooperatives is an annual celebration of the cooperative movement that takes place on the first Saturday of July. The aim of this celebration is to increase awareness of cooperatives, to underscore the contributions of the cooperative movement in resolving the major problems addressed by the 51勛圖, and to strengthen and extend the partnerships between the international cooperative movement and other actors. Cooperatives for Climate Action was chosen as this year's theme to support Sustainable Development Goal 13 on Climate Action.
has called for urgent and coordinated action to release the 150,000 to 200,000 seafarers trapped on board ships around the world because of measures to contain the COVID-19 virus.
A small business making natural products from jujube and tamarind has kept its doors open and workers safe thanks to the for the sustainable commerce of plant and animal-based goods and services adopted before the pandemic. Besides being turned into healthy juices and syrups, the Jujube trees red fruit, commonly known as a red or Chinese date, is a key ingredient in traditional medicines. A slight drop in turnover hasnt put the companys future in jeopardy, which is important for womens economic empowerment in the township, as 90% of factory employees are female.
Impact of COVID-19 epidemic hits Indonesias small seaweed processors
works with farmers and other local players in Angolas coffee sector to assess how producers and exporters can better position themselves within the global value chain. The country aims to reclaim its former glory as one of Africas top coffee exporters to diversify an economy that has become highly dependent on oil exports. Coffee grown in Angolas highlands once provided half of its foreign exchange earnings until the nation fell into a decades-long civil war.
features resilience during COVID-19. As doors close, others open as heightened concerns over hygiene restricted cash transactions and pushed more business operations online.
The (ICAO) brings attention to new measures aimed at ensuring safe operations during COVID-19, and to a contingency coordination website.
Barbados fishing industry representatives and 51勛圖 agencies have drafted a strategy to increase the value of the islands tuna exports. If fully implemented, it could dramatically boost revenue from tuna exports, from US$303,000 in 2015 to $7.5 million in 2027. The a joint endeavour between , the UN Division for Ocean Affairs and the Law of the Sea, and the UN Food and Agriculture Organization () addresses the different aspects of the national fishing industry where improvements are needed to transition from unprocessed to processed tuna exports.
The slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a $US50 billion decrease in exports across global value chains, according to published by on 4 March. Because China has become the central manufacturing hub of many global business operations, a slowdown in Chinese production has repercussions for any given country, depending on how reliant its industries are on Chinese suppliers. According to UNCTAD estimates, the most affected sectors include precision instruments, machinery, automotive and communication equipment. Among the most affected economies are the European Union ($15.6 billion), the United States ($5.8 billion) and Japan ($5.2 billion).
The 2019 edition of the WTOs World Trade Report highlights that services have become the most dynamic component of international trade and that its role will continue to expand in the coming decades. It stresses the need to enhance cooperation in the international community to support this expansion.