Profound changes are taking place in the global trade landscape, including the technologies and governance frameworks that underpin and support contemporary trade in goods, services and the digital economy. This dynamic environment presents challenges, and also enormous opportunities to expand and deepen trade, investment and innovation among the 53 member countries of our growing Commonwealth family.
Senior trade officials wrapped up two days of consultations in Singapore, focussing on how Asia-Pacific countries could better harness trade policy to strengthen global trade links and step up participation in regional and global value chains.
Policy makers and representatives of small and medium-sized enterprises (SMEs) from more than 20 Commonwealth countries are meeting in Nairobi, as trade between member states continues its upward trajectory.
Committed to achieving $2 trillion worth of intra-Commonwealth trade by 2030, policymakers from across the Commonwealth agreed to use good regulatory practices (GRPs) to boost trade and help businesses flourish.