International Trade Forum

Magazine available in three languages focuses on trade development for developing and transition economics. It analyzes trends, opportunities, provides views from trade development experts and reports on International Trade Forum events and services.

Articles from No. 2, April-June

A Path to Growth: Services Are the Fastest-Growing Component of International Trade
In recent years, technology advances have had a tremendous impact on the sector as many services can now be marketed and delivered online. However, the service sector is diverse and fragmented and, therefore, difficult to reach. Promoting trade...
Read preview Overview
Business & Professional Services Fast-Growing Markets: Business and Professionals Services Form More Than a Third of Global Service Exports-And Their Share Continues to Grow
According to the International Monetary Fund, business and professional services have been the fastest-growing sector of world trade from an export earnings perspective since the General Agreement on Trade in Services was launched in 1995, with an...
Read preview Overview
From Negotiations to Export Capacity: A Report on ITC's Annual Meeting
ITC reviewed its progress in helping countries to supply world markets at the Joint Advisory Group on the International Trade Centre, its annual meeting with beneficiaries and donors (Geneva, 18-22 April). Representatives from 93 developed and developing...
Read preview Overview
Identifying Business Interest in WTO Services Talks: Developing Country Businesses Can Shape Their Trade Future. What It Takes: Knowing the Market, Spotting the Barriers and Voicing Interests in the Right Channels
Services negotiations in the World Trade Organization (WTO) are moving slowly. As of May 2005, less than half of WTO members had tabled offers. Has the private sector in developing countries overlooked its interests in the negotiations? Businesses...
Read preview Overview
ITC: Developing Trade: Now and in the Future: Extracts from the Opening Statement to Delegates at ITC's Annual Meeting
The world of trade grows ever more competitive. Nonetheless, North and South, people keep turning to trade as a tool for development. Why? Because trade makes a difference to improving the lives of the poor, as we see from our projects. In rural Bolivia,...
Read preview Overview
Market Opportunities in Services
Research and development Many multinational companies outsource research and development activities, such as clinical trials. Countries with specialized knowledge and skilled workers can offer their services. Left: In 2003, Malaysia launched "BioValley...
Read preview Overview
National Development Plans Often Exclude the Service Sector
The export strategies of many developing countries focus on goods and overlook opportunities to diversify trade and create jobs through services. Global service markets are growing and offer opportunities in offshoring, professional and tourism services....
Read preview Overview
New Books and Technical Papers
Influencing and Meeting International Standards: Challenges for developing countries Vol. 2. 174 pages. Second volume of a joint ITC-Commonwealth Secretariat two-volume study dealing with technical assistance needs of developing countries in order...
Read preview Overview
New Directions For: African Financial Services: Debates Thrive between African and Developed Nations over a "Marshall Plan" for Africa, Debt Cancellation and Support for Small Firms. to Ensure Competitiveness, Africa's Own Financial Institutions Must Point the Way in Supporting Trade and Investment
As we enter an era in which it seeks to increase its share of global trade with traditional and emerging partners, Africa must develop new strategies to avoid being left behind. For trade, Africa's over-reaching challenge is replacing its reliance...
Read preview Overview
Promoting Exports of Services: How to Make It Happen: Trade Support Institutions Can Promote National Strengths in Services. This Helps Firms in Their Own Marketing and Improves the Country's Overall Image
Creating a national image of quality providers is one of the most important trade promotion initiatives to boost exports of services. Trade support institutions (TSIs), which represent business communities such as national trade promotion organizations,...
Read preview Overview
Raising Awareness: Can Grow Trade in Services: Because Many National Strategy-Makers and Businesses Are Not Aware of the Potential of Service Exports, They Do Not Tap into This Growing Opportunity. Raising Awareness about Services Is an Important First Step
Despite growing global demand, many developing countries are not taking advantage of the opportunities that exist across several sectors to export services. Mainly, this is because neither businesses nor governments are aware of the capacity that already...
Read preview Overview
Redefining Tourism: Tourism-The World's Largest Industry-Is Both an Export and a Development Opportunity for Many Poor Countries
It is estimated that by 2020, three times as many people will travel as do today. Developing countries are recognizing the tourism sector's potential contribution to national development goals, particularly by creating employment opportunities, stimulating...
Read preview Overview
Selling a Promise: In Many Developing Countries, Not Seriously in the Global Marketplace Is the Greatest Barrier to Exporting Services. Building Credibility Abroad Is the Springboard to Success
Exporters in the services sector are trying to sell something invisible to the buyer; in fact, they are selling a promise. It is much easier to market products because they can be inspected and tried out. Services are usually spot and the buyer does...
Read preview Overview
Tapping the Potential of Professionals with Disabilities: Professionals with Disabilities Are Often Overlooked in Trade, Telecommunications and Economic Development Policies. Service Providers from This Community, However, Are Using Technology to Unlock Their Diverse Talents and Reach out to New Markets
Accessible and reliable telecommunications are a lifeline for service exporters with disabilities. Technologies based on open standards such as the World Wide Web, electronic mail and voice over Internet protocol (VOIP) enable professionals with disabilities...
Read preview Overview
Tourism: Community Development Pays Back: Large Corporations in the Tourism Sector Are Finding That Investing in Local Community Development Brings Healthy Returns. an Interview with the Manager of Hotel Sofitel in Bahia, Brazil, Gives an Example of Corporate Social Responsibility in Practice
The belief that large corporations benefit little from developing the supply capacity of local communities is false. True, there are a number of non-quantifiable benefits, which can make it difficult to justify an investment. However, consider the...
Read preview Overview
Trade Forum's Choice
Online Resources Have the articles in this issue addressed your needs? Are you looking for more information on specific topics? These resources, from ITC and other organizations, can give you more insight into specific service topics. Services...
Read preview Overview
Trade in Services Facts and Figures
Study after study shows that services--and service exporting--are generally misunderstood. Creating awareness about service exporters and their needs is the first step to increasing trade in this promising area for developing countries. Exports...
Read preview Overview
Why Coalitions?
Services players in several developing countries are setting up coalitions for collaboration to boost the sector. Just a few years ago, services coalitions were mainly located in developed economies such as Hong Kong (China) and the United States....
Read preview Overview