Comoros

<p>Further to the ratification of the Economic Partnerships agreements in January 2019 by the Comoros, this initiative which is supported financially by the European Union, and technically by ITC, aims to 1) advance the industrialization of The Comoros by improving the business environment and 2) improving the capacity to conform to higher product standards. &nbsp;The initiative will build on the ongoing work on strengthening public-private dialogue platforms as well as efforts to consolidate the attractiveness of the Comorian origin. The technical cooperation will focus not only on trainings and advisory services, but also on putting these into use during the life of the project. UNIDO will in parallel provide technical support to existing business incubators serving Comorian SMEs.&nbsp;</p>

<p>The overall objective of the proposed project is to attract investment and promote trade and sustainable industrial and business development at continental level, concretely supporting the AfCFTA Secretariat and the African Union and delivering on the Africa-EU partnership for sustainable growth and jobs.&nbsp;</p><p>The project contributes to this objective by</p><ul><li>identifying trade and investment opportunities along regional value chains with potential at continental scale in Africa, including potential for investment by EU economic operators;</li><li>Strengthening the EU-Africa dialogue on trade and economic integration, informing high-level events such as the upcoming AU-EU Summit and European- African Business Forum (EABF)</li><li>identifying pilot/selected continental value chains that could be targeted for support in the EU 2021-27 aid programming exercise.</li></ul><p>It supports the implementation of the AfCFTA and ITC&apos;s One Trade Africa Initiative.</p>

<p><span data-contrast="auto" lang="EN-US">ITC through UK Trade Partnerships Programme has identified potential growth along the entire value chain in the vanilla and clove industries in Comoros. Increasing trade volumes will bring higher export earnings and new agri-business jobs.</span><span data-ccp-props="{}">&nbsp;</span></p>

<p><span data-contrast="none">ITC&rsquo;s trade and market intelligence interventions in the 24 UK Trade Partnerships Programme countries will consist of several interrelated components</span><span data-contrast="none">&nbsp;</span><span data-contrast="none">to foster transparency and &nbsp;enhanced access</span><span data-contrast="none">&nbsp;to information on trade opportunities and market access requirements <span data-contrast="none">for small and medium</span><span data-contrast="none">-</span><span data-contrast="none">sized e</span><span data-contrast="none">nterprises</span></span><span data-contrast="none" lang="EN-US">. This will be done</span><span data-contrast="none">&nbsp;through</span><span data-contrast="none" lang="EN-US">&nbsp;data</span><span data-contrast="none">?sharing, capacity building, and</span><span data-contrast="none" lang="EN-US">&nbsp;the</span><span data-contrast="none">?setting up of&nbsp;</span><span data-contrast="none" lang="EN-US">trade&nbsp;</span><span data-contrast="none">obstacle?alert mechanisms.</span></p>