The International Day of Cooperatives is an annual celebration of the cooperative movement that takes place on the first Saturday of July. The aim of this celebration is to increase awareness of cooperatives, to underscore the contributions of the cooperative movement in resolving the major problems addressed by the United Nations, and to strengthen and extend the partnerships between the international cooperative movement and other actors. Cooperatives for Climate Action was chosen as this year's theme to support Sustainable Development Goal 13 on Climate Action.
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has called for urgent and coordinated action to release the 150,000 to 200,000 seafarers trapped on board ships around the world because of measures to contain the COVID-19 virus.
A small business making natural products from jujube and tamarind has kept its doors open and workers safe thanks to the for the sustainable commerce of plant and animal-based goods and services adopted before the pandemic. Besides being turned into healthy juices and syrups, the Jujube tree鈥檚 red fruit, commonly known as a red or Chinese date, is a key ingredient in traditional medicines. A slight drop in turnover hasn鈥檛 put the company鈥檚 future in jeopardy, which is important for women鈥檚 economic empowerment in the township, as 90% of factory employees are female.
Impact of COVID-19 epidemic hits Indonesia鈥檚 small seaweed processors
works with farmers and other local players in Angola鈥檚 coffee sector to assess how producers and exporters can better position themselves within the global value chain. The country aims to reclaim its former glory as one of Africa鈥檚 top coffee exporters to diversify an economy that has become highly dependent on oil exports. Coffee grown in Angola鈥檚 highlands once provided half of its foreign exchange earnings until the nation fell into a decades-long civil war.
features resilience during COVID-19. As doors close, others open as heightened concerns over hygiene restricted cash transactions and pushed more business operations online.
The (ICAO) brings attention to new measures aimed at ensuring safe operations during COVID-19, and to a contingency coordination website.
Barbados fishing industry representatives and United Nations agencies have drafted a strategy to increase the value of the island鈥檚 tuna exports. If fully implemented, it could dramatically boost revenue from tuna exports, from US$303,000 in 2015 to $7.5 million in 2027. The 鈥 a joint endeavour between , the UN Division for Ocean Affairs and the Law of the Sea, and the UN Food and Agriculture Organization () 鈥 addresses the different aspects of the national fishing industry where improvements are needed to transition from unprocessed to processed tuna exports.
The slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a $US50 billion decrease in exports across global value chains, according to published by on 4 March. Because China has become the central manufacturing hub of many global business operations, a slowdown in Chinese production has repercussions for any given country, depending on how reliant its industries are on Chinese suppliers. According to UNCTAD estimates, the most affected sectors include precision instruments, machinery, automotive and communication equipment. Among the most affected economies are the European Union ($15.6 billion), the United States ($5.8 billion) and Japan ($5.2 billion).
The 2019 edition of the WTO鈥檚 World Trade Report highlights that services have become the most dynamic component of international trade and that its role will continue to expand in the coming decades. It stresses the need to enhance cooperation in the international community to support this expansion.