Micronesia (Federated States of)

Micronesia: Coconut Export Strategy
Contact
First name
Charles
Last name
Roberge
Email
roberge@intracen.org

Sustainable Development Goals

This project contributes to the following Sustainable Development Goals, as defined by the 2030 Agenda for Sustainable Development.

<p>The Federated States of Micronesia (FSM) is a fifth largest producer of coconuts in the Pacific region. However, FSM is the smallest exporter of coconut products in the Pacific with negligible volumes of coconut oil being exported. Based on this situation analysis, the project aims to increase coconut exports through the design of a coconut export strategy that is endorsed, coherent, and comprehensive. &nbsp;Additionally, the project will support the establishment of a &quot;strategic coconut partnership&quot; building consensus between public and private stakeholders to grow the industry. Finally, the project will provide advisory support to selected stakeholders in strategy management techniques.&nbsp;</p>

Type
Project
Date
-
External ID
C058
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Small island developing states
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ITC recognizes that small island developing states (SIDS) face an unique set of challenges, particularly their vulnerability to external shocks. ITC works with SIDS to improve their export performance through regional collaboration, focused sectoral programmes, institutional support and strengthening the private sector. We also assist these states to trade mainly agricultural products that are attractive to niche markets that demand products proven to be sustainable economically, socially and environmentally.

Geographic priority (for relations)
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Cyan
External ID
G58
Import hash
-1438751867
Asia and the Pacific
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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.

Region (for relations)
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Cyan
Import hash
-1382260845
External ID
RAS