Magazine article International Trade Forum

Converting Export Opportunities into Business

Magazine article International Trade Forum

Converting Export Opportunities into Business

Article excerpt

ITC Business Round Table at UN LDC III

ITC will organize a Business Sector Round Table for the Third United Nations Conference on the Least Developed Countries (Brussels, May 2001). The meeting provides a forum for creative dialogue to some 75 participants comprising entrepreneurs and senior policy-makers from least developed countries (LDCs), buyers of LDC products from developed countries and LDCs' bilateral and multilateral development partners involved in trade development.

The round table is expected to bring out the private-sector perspective at the Brussels Conference on LDCs. Specifically, it aims to demonstrate that despite facing serious supply-side and market-access bottlenecks, entrepreneurs from LDCs can seize opportunities emerging in the global economy through innovative and proactive measures.

Success stories offer guidance

For governments and enterprises...

At the round table, successful entrepreneurs will illustrate how they have overcome production, quality and other trade barriers, making the most of innovative capacity-- building interventions targeted to specific firms. Portraying these successes within an analytical framework for export development can act as a guide for LDC governments and entrepreneurs. They provide a road map for developing successful firm-- level export development plans as well as efficient sectoral and national export development strategies.

...And development partners

LDCs' development partners will have the opportunity to illustrate how they have successfully helped exporters in LDCs to improve their export performance through technical assistance programmes for focused matchmaking, business development and export promotion. They will also review experiences in formulating export strategies in LDCs to provide export impetus and a framework of support for exporters. …

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