international trade

New UN-backed framework to boost agricultural trade between African nations

The UN Food and Agriculture Organization (FAO), together with the African Union (AU) Commission, launched a new continent-wide framework on Thursday, to boost trade and improve food security. 

COVID-19 hits trade in Asia-Pacific, but impact ‘less bad’ than elsewhere

Despite a sharp fall in global trade in 2020 due to the coronavirus pandemic and lingering trade tensions, Asia and the Pacific is expected to perform relatively less badly than the rest of the world, the United Nations development arm in the region said on Tuesday. 

New Asian trade bloc could play key role in driving investment 

A new trade bloc covering a huge swathe of the Asia-Pacific region will play an important role in developing poorer economies and in post-pandemic stimulus, according to a report published on Monday by the UN Conference on Trade and Development (UNCTAD).  

Seafarers, heroes of the pandemic as shipping plays vital role in crisis

The global shipping industry has played a vital role in the global response to the COVID-19 pandemic, and demand for its services has limited the annual decline in maritime trade volumes to around 4.1 per cent in 2020, the UN Conference on Trade and Development (UNCTAD) said in its annual report on the shipping industry on Thursday. 

US-China trade war is a ‘lose-lose’ situation for them and the world, warn UN economists

The trade tariff spat between China and the United States has been a “lose-lose” situation for both countries and the wider world and it is likely to deteriorate unless a deal is reached, UN economists said on Tuesday.

Easing US-China trade tensions could save millions of jobs: Asia-Pacific UN report

Millions of jobs in the Asia and Pacific region have been put at risk by conflicts over trade, despite a recent agreement not to escalate tit-for-tat tariffs by the United States and China, according to a new regional UN report.

Overseas investment falling, developing countries largely unscathed: UN trade agency

Foreign direct investment (FDI) has dropped 40 per cent year-on-year so far, the UN Conference on Trade and Development (UNCTAD) said on Monday, but the $470 million decline is happening mainly in wealthy, industrialized nations, especially in North America and Western Europe.

Global anxiety deepens over online data and privacy protection – UN agency

Internet users worldwide are becoming more worried about their privacy online and many question the protections offered by Internet and social media companies, a new United Nations survey has found.

At Asian forum, UN chief calls for more equitable globalization, urgent action on climate change

The world must act to spread the benefits of globalization more fairly while avoiding the perils of protectionism, the United Nations chief said on Tuesday.

Free Trade Area marks “giant stride forward”

The signing of the first ever Free Trade Area agreement by 44 African nations has been hailed as a “giant stride forward” by the UN. We’ll talk about what it means for the continent, and hear from the first Force Commander of the mission in Liberia as operations wrap up, together with the man responsible for the UN’s civilian protection work across South Sudan.
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