Latest content: Trade and economy

Last month, the Commonwealth Trade Competitiveness team together with the Gambia’s Ministry of Trade and the Gambia Investment and Export Promotion Agency (GiEPA) held a two-day exporters’ stakeholder forum aimed at identifying the most efficient ways to ensure the successful implementation of the Gambia’s National Export Strategy (NES) for 2021-2025.
Read news - Commonwealth helps The Gambia implement National Export Strategy
The Istanbul Programme of Action (IPoA), which ran from 2011 to 2020, set out a vision and strategy for sustainable development in least developed countries (LDCs) by seeking to overcome some of their persistent development challenges. This report takes stock of the progress made and the challenges encountered by the Commonwealth’s 14 LDCs during implementation of the IPoA. At the dawn of a new programme of action in 2022, amid the COVID-19 pandemic and the resurgence of new variants of the virus, the report also looks ahead to opportunities to address the special needs of Commonwealth LDCs and improve their trade and development prospects over the next decade.
With the emergence of technology-enabled financial services (fintech) and the profound changes to the production and delivery of financial services it has enabled, Commonwealth Central Bank Governors (CCBGs) expressed a desire for improved technical guidance on fintech implementation.
Commonwealth countries are endowed with immense and precious natural resources. These include millions of square kilometres of ocean space, significant renewable (wind, solar) and non-renewable resources (oil, gas, minerals). When managed equitably and sustainably, the exploitation of natural resources bolsters national resilience to economic and social crises, improving prosperity for all citizens.