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Four years ago, when the COVID-19 pandemic hit, it disrupted the normal functioning of open markets. The ensuing crisis had crippling effects on global trade and productive capacities: it broke supply chains, reduced connectivity and slowed the flow of essential goods. Global food and energy…
At the World Economic Forum Annual Meeting in Davos, UNECE Executive Secretary Tatiana Molcean highlighted the role of UNECE’s legal instruments, standards and tools in dealing with the most pressing global challenges, namely climate change, digital and green transformations, low-carbon energy…
Trade facilitation is a potent instrument that can multiply the benefits of trade. Beyond direct impact on economic growth through higher trade flows linked to improved efficiency at the borders, trade facilitation reforms can also contribute to other policy goals. For example, through the…
According to a recently published UNECE Policy Paper, the agrifood, the garment and footwear and the mineral sectors contribute significantly to the economic growth and employment in the UNECE region, while being major sources of global greenhouse gases (GHG) and environmental pollution. Evidence…
Strong private sector engagement positively impacts the relevance, legitimacy, and credibility of national trade facilitation bodies (NTFBs) and encourages a business-centric approach to trade facilitation. Over the past several years, governments, donors and international organizations have…
The ongoing repercussions of the COVID-19 pandemic, geopolitical instability, and elevated inflation rates continue to pose challenges to global trade, with the World Trade Organization (WTO)'s trade growth forecast now estimated at only 0.8% this year.
As the global trade landscape grapples…
As one of the United Nations regional economic commissions, UNECE has a key role to play in helping countries with economies in transition to better integrate into the global economy. UNECE is at the forefront of setting international standards on cross-border procedures, identifying regulatory and…
As the global economy emerges from the COVID-19 pandemic and governments strengthen efforts to “build-back-better”, trade as an engine of growth has re-emerged in policy agendas. For developing countries and countries with economies in transition that are still in the process of accession to the…
In light of today’s triple planetary crisis, one challenge for governments is to ensure that growth goes hand in hand with the development of green, inclusive and prosperous societies. This is even more challenging in today’s rapidly evolving global economy, which requires agile, flexible economies…
In the world grappling with the triple crisis, encompassing the COVID-19 pandemic, ongoing regional conflicts, and climate change, disruptions of global supply chains are becoming more evident, resulting in the global trade slowdown. More specifically, these challenges have led to a significant…
Adopted in 1963, the UNECE Standard S-1 concerning the certification and commercial quality control of seed potatoes provides a framework for the international trade of seed potatoes. It is currently the only international standard that ensures that seed potatoes meet specific and harmonized…
The transition from linear to circular economies requires fundamental rethinking of trade policies and regulations. “Harmonized System” codes (HS codes) are a key pillar of the tariff infrastructure for international trade. These HS codes were designed at a time when circular economy considerations…
As the sun sets in northern México, less than 100 kilometres from its border with the United States, news from the latest coal mining disaster near Sabinas, in the state of Coahuila, is heartbreaking for the families awaiting at the surface. Military divers who have bravely attempted to make their…
June 2022 has been the month of trade discussions in Geneva, first with the World Trade Organization’s (WTO) 12th Ministerial Conference (MC12) and then UNEC’s Steering Committee on Trade Capacity and Standards (SCTCS). Both looked in detail at responses to the ongoing impact of COVID-19, both…
UNECE is supporting the Government of Moldova in its efforts to enhance its national innovation system to accelerate progress towards Sustainable Development. During the online meeting on 16 June, the two sides agreed to develop a Roadmap for Innovation and Technology Transfer, which will feed into…
The transition to a decarbonized energy sector is a critical step for keeping global warming below 2°C. To succeed, countries will need to phase out, or at least substantially limit the use of coal. While the benefits of the green transition are numerous, it will require a deep structural shift…
In light of the global focus on decarbonization, which is critical to achieve the goal of keeping global warming below 2°C compared to pre-industrial levels, the energy sector must undergo profound modernization, with a focus on phasing down unabated coal extraction and use. However, to meet…
COP26 was a positive step forward in the fight against climate change, but as the UN Secretary General pointed out in his comments: “it is not enough. We must accelerate climate action to keep alive the goal of limiting the global temperature rise to 1.5 degrees.” The compromise deal reflects the…
The Group of 7 nations (G7), six of which are UNECE member States (Canada, France, Germany, Italy, the UK and the US), took bold step towards reducing barriers to trade by agreeing on the principles to govern cross-border data use and digital trade. At their meeting in London on 22 October,…
A decade after independence, Armenia embarked on a radical reform path to create a vibrant, market economy – triggering substantial economic growth, often reaching double digits.
As recent trends and volatility indicate, sustaining such growth requires addressing a range of structural challenges…
The COVID-19 pandemic restrictions have brought the benefits of paperless trading to the forefront of attention. Many countries are considering issuing, accepting and exchanging electronic documents for paperless trading. Issues related to paperless trading are also at the core of World Trade…
Since their independence, countries in Eastern Europe and the South Caucasus (EESC) – Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine – have introduced far-reaching reforms to boost innovation and benefit from the potential of the growing knowledge-based economy.…
The commitment to keep global warming to well below 2°C compared to pre-industrial levels requires decarbonization in all economic sectors and reduction of emissions of all potent greenhouse gases. In practice, this means modernization of the energy sector with a focus on phasing out unabated coal…
Building regional capacity for devising and putting into practice trade facilitation policies is critical to strengthen trade as a driver of sustainable and resilient recovery.
UNECE teamed up with the Kyrgyz Economic University (KEU) to produce a professional development course on trade…
The new UNECE Guide on producing CPI under lockdown, published today, helps national statistical offices to produce the Consumer Price index (CPI) under periods of lockdown and other emergencies.
The Consumer Price Index, or CPI, is a key economic indicator in most countries, giving a …