Improving financial climate for trade and capital flows


There is a need to shift existing trade flows between Africa and Latin America to cooperative mechanisms to be created between the payments systems of these two regions. For this purpose, they agreed on the need for in-depth studies on conditions conducive to extending the activities of the respective systems into these mechanisms. The harmonization of rules among payments arrangements is a crucial element for stimulating the establishment of linkages and promoting cooperation between these arrangements.

Type Classification:
E: Emanations of other strategies
Related UN Sustainable Development Goals:
GOAL 13: Climate ActionGOAL 17: Partnerships to achieve the Goal