Eight of the world’s Least Developed Countries (LDCs) have begun to assess their tourism development needs and pinpoint relevant funding sources at a workshop held by the United Nations Steering Com
Eight of the world’s Least Developed Countries (LDCs) have begun to assess their tourism development needs and pinpoint relevant funding sources at a workshop held by the United Nations Steering Committee on Tourism for Development (SCTD) (Geneva, Switzerland, October 18-20).
Representatives from the Tourism, Finance and Trade Ministries of Benin, Burundi, Cambodia, Comoros, Lesotho, Maldives, Sao Tome and Principe, and Uganda came together with the nine UN Agencies that make up the SCTD at International Trade Centre (ITC) Headquarters in Geneva, to learn how to better work together to maximize tourism’s development potential.
Although the number of confirmed COVID-19 cases per capita have been lower in least developed countries (LDCs) than expected, the socio-economic fallout for their populations has been dire, pushing an estimated 32 million more people into extreme poverty in 2020.
Women in these countries have borne the brunt of the crisis, as they work mainly in the hardest-hit sectors, such as tourism, horticulture and textiles.
The event will launch the joint publication by UNCTAD and the Enhanced Integrated Framework, entitled "Trade and Gender Linkages: An analysis of least developed countries". It will provide the opportunity for a high-level debate on how to make trade contribute to women's economic empowerment in the LDCs.
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The Ministry of Commerce is poised to roll out CambodiaTrade, an e-commerce marketplace, to open new pathways for the Kingdom’s small and medium-sized enterprises (SMEs) to sell their wares to a broader audience and capture a slice of the growing global digital economy.