This seminar discusses a new multilateral initiative to strengthen the participation of Least Developed Countries (LDCs) in Global Value Chains (GVCs), advocating for a new ‘GVCs for LDCs’ scheme. The seminar is first in the IDS seminar series on inclusive trade.
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Trade flows across complex global supply chains have generated improved economic growth and development outcomes. Exports by least developed countries (LDCs) in these chains often receive preferential access. Yet, despite a favourable context, LDCs have persistently low participation in world trade, with limited export diversification and low value-added. The Covid-19 pandemic has exacerbated these challenges. This seminar discusses a new multilateral initiative that proposes to strengthen the participation of these countries in Global Value Chains (GVCs), advocating for a new ‘GVCs for LDCs’ scheme.
Speaker
- Lucian Cernat. Head of Global Regulatory Cooperation and International Procurement Negotiations, European Commission
Discussants
- Mattia Di Ubaldo, Research Fellow, UK Trade Policy Observatory (UKTPO)
- Karishma Banga, Research Fellow, IDS
- Raphael Kaplinsky, Emeritus Fellow, IDS
Chair
- Amrita Saha, Research Fellow, IDS
All welcome.
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