Commonwealth experts help member countries improve their global trade competitiveness. Many Commonwealth countries only have a limited domestic market, so we focus on developing their export capabilities.
There are 18 on-going country projects in: Barbados, Belize, Botswana, Brunei, Cameroon, Grenada, the Gambia, Jamaica, Kenya, Malawi, Lesotho, Seychelles and Sri Lanka. There are also 3 regional projects in The Caribbean Community (CARICOM) and The East African Community (EAC).
The Small States Trade Finance Facility
This Commonwealth-led fund helps small countries import goods at competitive prices. The fund will guarantee loans made by loan providers like local banks, to encourage them to loan money to small and medium businesses.
International trade policy
The Commonwealth carries out research into trade policy to promote the trade and development interests of our members, especially small states and the least-developed countries.
We bring countries together to discuss and agree on new global trade issues. This helps Commonwealth countries be better prepared for bilateral and multilateral trade talks.
Hubs and Spokes
The Hub and Spokes programme is an innovative initiative that sends trade advisors to government ministries and economic organisations to help boost trade in the Africa, Caribbean and Pacific (ACP) group of countries.
Local trade advisers (the ‘spokes’) are sent to help national government trade ministries. Regional trade advisers (the ‘hubs’) are sent to help to major regional organisations.