As designated by the United Nations General Assembly, 27 June is Micro, Small and Medium-sized Enterprises (MSME) Day. The Global Council for the Promotion of International Trade (GCPIT) joins the global community in commemorating MSME Day on 26th June’2021 to emphasize the critical role and significant contribution of MSMEs to livelihoods, communities, and economies; and […]
Mahatma Gandhi’s clarion call for all conscientious humanity to unite “to create the change we wish to see in this world” resonated with the African Union’s creation of “the Africa we want” among African speakers and audiences at a weekend global seminar aptly themed “Future of SMEs and Trade, a Country Perspective” which was organized by […]
One of Australia’s most important partners is the United Kingdom of Great Britain and Northern Ireland (UK). Our shared heritage, common values, traditional people-to-people contacts, and mature, open economies underpin Australia’s significant and unique connection with the United Kingdom. An FTA between Australia and the United Kingdom would build on our current strengths in two-way […]
WHAT IS THE CONCEPT OF A VALUE CHAIN? A value chain is a business model that outlines the entire process of creating a product or service. The steps involved in taking a product from creation to delivery, as well as all in between—such as procuring raw materials, production functions, and marketing activities—make up a supply […]
After COVID-19, enable small and medium-sized businesses to enter global value chains in order to revitalise economies and foster sustainable growth. Due to Covid-19 Pandemic, Asia-Pacific GDP is contracting by 1.5% year on year. During the first half of 2020, most APAC countries’ economies were adversely affected by pandemic-related lockdowns and travel bans. Although several Asia-Pacific economies […]