Bhutan
Bhutan Trade Support
Sustainable Development Goals
<p>The EU – Bhutan Trade Support Project aims to diversify exports by improving the national trade and investment regulatory framework, and increase exports of horticulture products and textile handicrafts. The ultimate objective of the project is to increase incomes along the two value chains in order to contribute to economic growth and poverty reduction.</p>
Landlocked developing countries
ITC delivers customised solution for landlocked developing countries (LLCs) that confront particular trade development challenges and works to effectively integrate them into the global trading system. Although they lack territorial access to the sea, these countries can overcome trade barriers by joining regional and global value chains, improving diversification, enacting sound trading policies and improving their logistics, infrastructure and institutions.
Least developed countries
We deliver customized solutions for least developed countries (LDCs), enabling them to increase their participation in the global economy and reach development goals through exports. We focus on creating access to digital technologies and capabilities in LDCs, where current internet penetration is at 27%, as this is increasingly critical to ensure opportunities are universally shared. We also assist LDCs in their bid for WTO membership, and support their implementation of WTO agreements.
Asia and the Pacific
The new Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) that came into force in January 2022 covers a third of the world economy and will eliminate 90% of tariffs among 15 East Asian and Pacific countries. The agreement will also reduce costs and improve policy cooperation for the benefit of micro, small and medium-sized enterprises which are the engine of most economies. ITC will focus on the ability of these enterprises to compete on sustainable and specialty goods and services.