Magazine article International Trade Forum

World TPO Conference Highlights Champions for Export Excellence

Magazine article International Trade Forum

World TPO Conference Highlights Champions for Export Excellence

Article excerpt

From Mongolia to Finland, Mauritius to Zambia, El Salvador to Chile, they are doing a lot about exporting.

Five of the best-performing national trade development agencies received global awards for expanding exports and improving their economy at the 6th World Conference of Trade Promotion Organizations held in Buenos Aires, Argentina on 12-13 March 2007.

Co-hosted by Argentina's TPO, Fundación Export.ar, and ITC, the conference brought together 250 participants from 47 countries. Three ministers from Argentina addressed the event, which was linked to the annual meeting of the regional Ibero-American network of trade promotion organizations.

Leaders of 54 TPOs from both industrialized and developing countries debated the findings of a study by World Bank economists and discussed a range of trade promotion opportunities and challenges. The study shows that TPOs, publicly funded for the most part, are helping to create jobs and income at home, by helping companies expand internationally. On average, for every dollar they spend, these organizations show a $40 rise in the value of exports.

Changing times affect exporters

The trade landscape has changed dramatically in the last quarter of a century. More countries than ever are taking part in export trade, which jumped from $2. …

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