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AFDC launches distance learning seminar on Global Trade Facilitation

The first session of the distance learning seminar Series for Asia-Pacific “New Pattern of Global Trade: Opportunities and Challenges for the Emerging Economies” was held on April 9. This series is sponsored by Asia-Pacific Finance and Development Center(AFDC), along with the World Bank, KDI School of Public Policy and Management, and Tokyo Development Learning Center.

 

As the economic globalization goes in depth, the developing countries, which account for over 40 percent of the global trade, are playing an increasingly important role in global economy. Since the financial crisis, the global economic and trade pattern has been readjusted, and new rules of global trade, which pursue higher liberalization and fair competition in business operation, investment and services, has been established. The new pattern may to a large extent reshape the external economic environment of the emerging economies and reconstruct the global economic value chain, and thus may repel the emerging economies, including China, to the edge of the international trade system. Emerging economies are therefore confronted with severe challenges to establish more reasonable economic and trade policies for boosting sustainable economic development. AFDC hopes to discuss and share relevant experience with other countries in the region through the distance learning seminar series.

 

The theme of this seminar is Global Trade Facilitation: Trends and challenges. Over seventy participants including experts, government officials, private sector practitioners and academics attended this video conference seminar from distatnce learning centers in Sri Lanka, Japan, South Korea, China and Vietnam through GDLN. Some NGO staff from Africa also participated by means of web streaming. Three speakers from the World Bank, Doshisha University and Shanghai Academy of Social Sciences presented their case studies of trade facilitation   in VietnamJapan and China respectively. In the Q&A session, participants raised questions or commented on details of the cases in each country, to discuss with speakers and exchanged views on common interest.