The publication titled, ‘Trade and Development Report 2020: From Global Pandemic to Prosperity for All: Avoiding Another Lost Decade,’ finds that the global economy will contract by over 4%, trade will shrink by approximately one-fifth, foreign direct investment will contract up to 40%, and remittances will decrease by over USD 100 billion in 20

The world economy is experiencing a deep recession amid a still-unchecked pandemic. Now is the time to hammer out a plan for global recovery, one that can credibly return even the most vulnerable countries to a stronger position than they were before. The status quo ante, is a goal not worth the name.

In a statement, eight UN organizations stress that international transport and integrated supply chains are critical in recovering from COVID-19 achieving the SDGs.

Worldwide, a loss of trust in multilateralism is weakening the capacity of globalization to deliver a more sustainable and fairer world. Growing awareness of the scale, scope and cost of illicit financial flows is stoking growing scepticism about the power of collective action versus unilateral measures.

During the Special Session of the D-8 Commission Meeting held under the chairmanship of Turkey, UNCTAD presented the key elements of the joint D-8 Organization for Economic Cooperation - UNCTAD Guiding Principles for Investment Policy making. Important agenda items regarding the forthcoming D-8 Summit Meeting were discussed.

The COVID-19 pandemic has caused significant disruptions in the global economy. By the end of the first quarter of 2020, the travel to an abrupt halt and significantly impacted the tourism industry. For many developed and developing countries, the tourism sector is a major source of employment, government revenue and foreign exchange earnings.

The supply of raw materials to produce rechargeable batteries — crucial to move to cleaner energy — is uncertain, a recent report by the United Nations Conference on Trade and Development (UNCTAD) said on June 25, 2020.The report Commodities at a glance: Special issue on strategic battery and minerals, for facilitating research into battery tech

This publication is the outcome of a joint project of UNCTAD and the Common Fund for Commodities (CFC) on landlocked developing countries entitled “Identifying Growth Opportunities and Supporting Measures to Facilitate Investment in Commodity Value Chains in Landlocked Countries”.

Global flows of foreign direct investment (FDI) will be under severe pressure this year as a result of the COVID-19 pandemic.

International trade in goods is expected to continue its nosedive in the coming months as economies struggle to recover from lockdown measures used to slow the COVID-19 outbreak.

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