Improving efficiency of trade

Promoting export trade efficiency
Developing efficient import trading system
Improving efficiency of domestic markets
Trade efficiency can be improved by promoting the policy framework and the infrastructure required to improve the efficiency of export and import trade as well as the functioning of domestic markets, and by supporting efforts of developing countries in this respect.
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.

The [Trade Efficiency Initiative] was launched in 1992 by 171 countries represented at the UN Conference on Trade and Development in Cartagena. The main objective is to open international trade to new participants, especially small- and medium-sized enterprises, by simplifying and harmonizing trade procedures worldwide and giving traders access to advanced communication technologies and information networks. The Initiative responds to an urgent need to increase the international awareness and effective application of information technologies to trade and to promote the use of techniques capable of of reducing procedural costs in international trade.

Type Classification:
D: Detailed strategies
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal