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International aid is crucial to the UK's 'Global Britain' ambitions


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The UK government’s decision to break its manifesto pledge by reducing the aid budget from 0.7% to 0.5% of gross national income raises a serious question: how can the UK deliver on the ambition of a Global Britain while disengaging from the world in such a profound way?
Over recent weeks, the government has started to communicate decisions as to where reductions are being made. The cuts are steep, involving both bilateral and multilateral aid for everything from humanitarian work to service delivery to the use of evidence in policymaking and global anti-corruption efforts.
The government has explained that these cuts in aid spending, which are intended to be temporary, are necessary because of the severe economic downturn the UK is experiencing as a result of COVID-19, and, presumably, Brexit. As different analysts have argued, however, the savings from aid are likely to have an almost insignificant effect on the UK’s overall fiscal sit ....

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UK-funded initiative for SMEs launched


UK-funded initiative for SMEs launched
Programme will help enhance Pakistan’s trade diversification, integration into global value chains
Ppi
May 07, 2021
ISLAMABAD:
A UK-funded initiative that will enable small and medium enterprises (SMEs) in Pakistan to effectively engage in international markets was launched on Thursday.
According to the UN Information Centre, Islamabad, this UK-funded initiative will help enhance Pakistan’s trade diversification and integration into the global value chains.
The International Trade Centre (ITC) will implement the revenue mobilisation, investment and trade (REMIT) programme. The five-million-pound sterling project will run from 2020 to 2024.
These efforts are part of a larger UK-supported REMIT programme aimed at contributing to sustainable and inclusive economic development in Pakistan. ....

United Kingdom , Christian Turner , Muhammad Sualeh Ahmad Faruqui , Un Information Centre , International Trade Centre , United Kingdom Funded , United Kingdom Supported , British High Commissioner , Pakistan Dr Christian Turner , Director Pamela Coke Hamilton , Commerce Secretary Muhammad Sualeh Ahmad Faruqui , ஒன்றுபட்டது கிஂக்டம் , கிறிஸ்துவர் டர்னர் , ஐ.நா. தகவல் மையம் , சர்வதேச வர்த்தகம் மையம் , ஒன்றுபட்டது கிஂக்டம் நிதியுதவி , ஒன்றுபட்டது கிஂக்டம் ஆதரிக்கப்படுகிறது , பிரிட்டிஷ் உயர் ஆணையர் , பாக்கிஸ்தான் டாக்டர் கிறிஸ்துவர் டர்னர் , இயக்குனர் பமீலா கோக் ஹாமில்டன் ,

Pakistan and UK Launch New Initiative to Promote SMEs


Pakistan and UK Launch New Initiative to Promote SMEs
This UK-funded initiative will help enhance Pakistan’s trade diversification and integration into global value chains.
The International Trade Centre (ITC) will implement the Revenue mobilization, Investment and Trade Programme (REMIT) programme. The GBP 5 million project will run from 2020-2024.
These efforts are part of a larger UK-supported REMIT programme aimed at contributing to sustainable and inclusive economic development in the country.
The British High Commissioner to Pakistan, Dr Christian Turner said
Monthly exports for goods and services (worth $3.2 billion) are at an impressive record high – with UK remaining one of the biggest export markets for Pakistan. The new programme will enable trade reforms and create more opportunities for Pakistani businesses, especially small and medium enterprises, to compete in international markets. This also aligns well with my ambition to double the trade b ....

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Boost for Somaliland-Ethiopia trade as Berbera Corridor project takes off


GOOBJOOG NEWS|HARGEISA: The UK and Somaliland governments Tuesday jointly launched the 22 kilometre Hargeisa by-pass which is part of the 240 km Berbera Corridor that is set to boost trade between the break-away region and Ethiopia in addition to fostering Somaliland’s quest to become a key trade hub in the region.
President Muse Bihi and UK ambassador to Somalia Kate Foster flagged off the 22.5 km road construction project which is expected to ultimately link the Berbera Port to Ethiopia terminating at the border town of Togochale.
According to a statement from the British embassy in Mogadishu, the ‘ UK-supported bypass will reduce the time and cost of transporting goods between Berbera Port and landlocked Ethiopia by addressing a strategic checkpoint on the Berbera corridor.’ ....

Woqooyi Galbeed , United Kingdom , Abu Dhabi , Addis Ababa , Kate Foster , Muse Bihi , World Food Programme , Berbera Corridor , Somalia Kate Foster , Berbera Port , United Kingdom Supported , Berbera Corridor Infrastructure , ஒன்றுபட்டது கிஂக்டம் , கேட் வளர்ப்பு , உலகம் உணவு ப்ரோக்ராம் , சோமாலியா கேட் வளர்ப்பு , ஒன்றுபட்டது கிஂக்டம் ஆதரிக்கப்படுகிறது ,