Improving the efficiency of trade is a key component of development and poverty reduction. The World Bank works to make the global trading system more rules-based, predictable, and supportive of development. It also works with developing countries to improve their access to international markets and strengthen the competitiveness of their firms.
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— The Kenyan founder of an online crafts marketplace that works with artisans who have no bank accounts or computers, an entrepreneur in Serbia who opened an online portal for selling cattle, and the CEO of a software services provider in Nepal discuss how digital trade has helped boost their market reach.
VIDEO - SOKO: Bringing Kenyan Crafts to the World Through E-commerce |
VIDEO - Introducing Serbian Farmers to Online Trading: Farmia |
VIDEO - Young Innovations: Helping Development Through Nepali ICT Solutions
— The poor face specific constraints to benefiting from trade-- rural poverty, fragility and violence, informality and gender – but if interventions take those factors into account, the poor are more likely to see gains from trade.
Press Release |
Speech by World Bank Group President Jim Yong Kim |
Op-Ed by WBG President Kim and WTO Director-General Azevedo
— From June 30th to July 2nd trade and development ministers from around the world will join heads of multilateral and development agencies, the private sector and civil society to discuss how the global community can come together to help reduce the costs of global trade in order to help countries achieve sustainable growth that can help lift millions of people out of poverty.
Blog Post by Anabel Gonzalez$% WBG Sr. Dir. Trade & Competitiveness
— In a speech in Sharm El Sheikh, Egypt, World Bank Group President Jim Yong Kim encouraged African leaders to finalize the Tripartite Free Trade Agreement that could help further integrate Africa into the global economy.