Tonga
Global: Enhanced transparency and simplified trade formalities for business competitiveness
Sustainable Development Goals
<p>The objective of this project is to enhance the functionalities and effective use of Trade Facilitation Portals by beneficiary countries with a view to create a more conducing cross-border environment for traders through improved transparency and simplified trade formalities.<span> This project builds upon ITC - UNCTAD longstanding partnership in the area of trade facilitation and creates opportunities for further build synergies across the agencies' respective technical assistance offering.</span></p>
Small and vulnerable economies
Small island developing states
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.
Asia and the Pacific
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.