Encouraging news from UNESCAP as we head in to 2022 - Foreign Direct Investment Trends and Outlook in Asia and the Pacific 2021/2022 HEADLINES • The COVID-19 pandemic has contributed to the collapse of global foreign direct investment (FDI) flows, which fell 42 per cent from US$1.5 trillion in 2019 to an estimated U$$859 billion in 2020. The most recent data for 2021, however, suggests global FDI flows have already started to rebound, having reached US$852 billion in the fir

Interview with Mia Mikic, former Director of Trade, Investment and Innovation Division, UNESCAP from 'Government Insider' The United Nations’ AI tool gives countries advice for negotiating trade deals. It suggests who to negotiate with, advocates which tariffs to lower, and lays out the benefits of each reduced tariff. This could be a game-changer for nations which lack the resources or experience with negotiations. “In many developed countries you have huge teams of people w

A new treaty aims to turn the idea of cross-border paperless trade into a reality Feb 20 marks the entry into force of a new international agreement promoting paperless trade, a timely reminder of how the COVID-19 pandemic has brought digital solutions to regional development challenges into the limelight. Paperless trade across borders has proven an effective way to mitigate trade disruptions since the onset of the crisis, enabling commerce to continue while limiting physica

A new report by our friends at United Nations ESCAP on Outward Foreign Direct Investment and Home Country Sustainable Development, Studies in Trade, Investment and Innovation Asia and the Pacific has now become the largest source of foreign direct investment globally. This is due to the growing number of firms from Asia and the Pacific that have become active outward investors. The upsurge in outward foreign direct investment (OFDI) from Asia and the Pacific raises several un

UN report shows that Asian exports declined this year for the first time in a decade, sparked largely by the knock on effect of US-China tariffs China’s annual exports fell by 1.4 per cent in value terms this year, Hong Kong’s by 4.8 per cent and Singapore’s by 14.9 per cent The year of pig brought the worst 12 months for Asia-Pacific trade since the global financial crisis 10 years ago, with the United Nations laying much of the blame on the US-China trade war. In 2019, for

Interesting article by Kale Logistics Solutions part of IPCSA - International Port Community Systems Association GTDW Advisory Council Members and speakers at GTDW China Trade Development Week, 16-18 June Shanghai around the theme of Tradetech Interoperability for eTrade, Trade Facilitation, Secure Cross Border Supply Chain & Anti Illicit Trade www.kwglobaltrade.com The article underlines an essential leaders topic to be discussed at GTDW China: Single Windows: Outcomes, Cha