Economic Development

UN chief stresses 'mutually supportive' nature of Africa's free trade and industrialization

Africa's industrial development and proposed continental free trade would complement each other, United Nations Secretary-General António Guterres said Monday, marking the UN-proclaimed day for Africa's industrialization.

Global food import bill rising despite robust output in 2017 – UN

The cost of importing food is rising in 2017, driven by increased international demand for most food stuffs, as well as higher freight charges, the United Nations agriculture agency said Thursday.

UN General Assembly again calls for lifting US embargo against Cuba

The United Nations General Assembly on Wednesday adopted a resolution underlining the need to end the economic, commercial and financial embargo imposed by the United States against Cuba.

Asia-Pacific's economic gains must not undercut social and environmental goals, says UN regional forum

While the Asia-Pacific trade outlook for this year is positive, some uncertainties ¬– including the possible impact of structural rebalancing of China from export orientation to domestic consumption – are forecast for 2018, the United Nations commission for the region said Monday.

Poor maritime connectivity hurting weaker, smaller nations – UN report

A United Nations report out Wednesday revealed the poor maritime connectivity continues to keep smaller and weaker economies from reaching world markets, highlighting the need for evidence-based improvements to trading systems and procedures to address these challenges.

Closing UN’s ‘Africa Week,’ Assembly President says continent’s vision getting close to reality

Addressing the final event of this year’s Africa Week at the United Nations, General Assembly President Miroslav Lajcak on Friday highlighted the continent’s transformative changes driven by the African Union’s development agency.

Kicking off ‘Africa Week’ at UN, Guterres says women and youth can unleash continent’s potential

Africa must focus on young people, empower women and girls, and be innovative in leveraging resources and financing for development, Secretary-General António Guterres said Monday as the United Nations kicked off Africa Week.

On World Day, UN spotlights posts’ contributions to development

The post plays an important role in the everyday lives of people and businesses, as well as contributes to global social and economic development, the United Nations postal agency said Monday, marking World Post Day.

Vegetable oils lift food prices in September; cereal prices down on bumper crop prospects

Global food prices rose slightly in September, as firmer prices of vegetable oils and dairy products offset declining prices for staple cereal grains, the United Nations Food and Agriculture Organization (FAO) said today.

Partnerships will play key role in future of work in Europe and Central Asia - UN labour agency

The United Nations International Labour Organization’s 10th European Regional Meeting concluded today with a call for a future of work where partnerships play a key role in promoting dialogue, social progress and economic growth in the region.