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Streamlining Trade, Boosting Access to Markets | Trade Facilitation Support Program
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Trade is the engine of the global economy. Over the last 25 years, trade has increased global incomes by 24%, and by 50% for some of the world’s poorest nations. But opportunities for growth and prosperity can be often missed due to trade barriers and constraints. To overcome these challenges, the World Bank’s Trade Facilitation Support Program works with countries around the world to improve their cross-border trade environments, better align their trade practices with global standards, and help them reap the rewards of accessing bigger markets. Learn more: http://wrld.bg/Tcfu50SV0a9 #globaltrade #globaleconomy https://www.youtube.com/playlist?list=PLopq6yGfmFAtNPR5SfdWWQjEuDoGIGnhz 00:00 Trade is the engine of the global economy 00:23 The World Bank’s Trade Facilitation Support Program 01:02 Fiji: Digitization making trade faster and cheaper 01:24 Zambia: ePhytos getting fresh produce to the world 01:48 Tonga: Automation helping response to climate shocks ABOUT THE WORLD BANK 🌐 The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. http://www.worldbank.org
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141
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2024-08-14T14:41:24Z
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Trade is the engine of the global economy. Over the last 25 years, trade has increased global incomes by 24%, and by 50% for some of the world’s poorest nations. But opportunities for growth and prosperity can be often missed due to trade barriers and constraints.
To overcome these challenges, the World Bank’s Trade Facilitation Support Program works with countries around the world to improve their cross-border trade environments, better align their trade practices with global standards, and help them reap the rewards of accessing bigger markets.
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