Exports
The United Kingdom has introduced new reforms to its Developing Countries Trading Scheme (DCTS), a flagship initiative aimed at making UK markets more accessible to developing nations. The updated scheme simplifies rules of origin, allowing African countries to source raw materials and components locally and export finished goods to the
Exports
The United Kingdom has announced a new wave of trade reforms aimed at deepening economic ties with African countries and driving job creation across the continent. The measures, announced on 10th July under the UK's Trade for Development initiative, will simplify access for developing countries to the UK
Climate change
The under-construction Dasu Hydropower Project on the Indus River in Pakistan's Khyber Pakhtunkhwa province is expected to be a game-changer for the national power grid and the country's economic, environmental, and social future. The project, launched under Pakistan Vision 2025 and the Power Policy 2013, is
Exports
Landlocked developing countries (LLDCs) in Africa face numerous challenges in achieving inclusive growth and advancing structural transformation. Despite being critical to global trade, their contribution remains limited, with over 90% of their exports focused on raw materials. This predicament is further exacerbated by international rules, regulations, and environmental standards that
Exports
Rwanda's commitment to harnessing technology to enhance governance, health, and citizen service delivery has led to the creation of innovative solutions, which are now being exported to other developing countries. The country's strong focus on digital governance and service delivery has resulted in the development of
Climate change
BRICS leaders gathered in Rio de Janeiro for the 17th BRICS Summit and adopted a Framework Declaration, committing to lead a global mobilization to engage the international monetary and financial system for fairer climate finance. The document, adopted on July 7, emphasizes the provision of resources by developed countries to
Climate change
The 17th BRICS summit in Rio de Janeiro, Brazil, concluded with a call for global governance reform to reflect the world's new multipolar reality. United Nations Secretary-General António Guterres emphasized the need for a multilateral response grounded in equity and human rights, particularly in the face of artificial
Climate change
Angolan President and Chairperson of the African Union, Joao Lourenco, emphasized the need for tangible commitments and adequate financing to address the climate crisis and improve global health, particularly in developing countries. He made this call during a session dedicated to the Environment, COP30, and Global Health at the XVII
Climate change
Research has shown that executives' overseas experiences significantly enhance corporate climate risk disclosure (CCRD) among Chinese listed firms. A study published in the Journal of Engineering found that executives with overseas experience demonstrate a stronger influence in promoting CCRD, leading to improved ESG performances and reduced ESG rating discrepancies.
International cooperation
Prime Minister Pham Minh Chinh and his delegation will lead Vietnam's participation in the expanded 2025 BRICS Summit in Brazil from July 5-8, marking a significant diplomatic event for the country. This visit represents Vietnam's active role in international cooperation, affirming the voice of developing countries,
International cooperation
The President of the Government of Spain, Pedro Sanchez, has outlined a series of debt relief initiatives to address the financial burdens of developing countries. During his speech at the 4th UN International Conference on International Financing for Development in Seville, Sanchez announced that Spain will launch a Debt Suspension
International cooperation
As part of her participation in the Fourth International Conference on Financing for Development in Seville, Spain, Egyptian Minister of Planning Dr. Rania A. Al-Mashat emphasized the need for global financial reform, urging the international community to take concrete steps towards restructuring the global financial system. The Minister highlighted the
