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19 July, 2018 00:00 00 AM / LAST MODIFIED: 18 July, 2018 10:00:55 PM
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ITC opens Bangladesh chapter of SheTrades in Commonwealth

UNB

The International Trade Centre (ITC) yesterday launched the Bangladesh chapter of SheTrades in the Commonwealth to deliver greater economic returns for women entrepreneurs in Bangladesh, reports UNB.

A dedicated project of ITC’s global SheTrades initiative, the SheTrades in the Commonwealth Bangladesh project aims to drive increased trade, productivity and competitiveness for women entrepreneurs and women-owned companies to ensure that they play an active role in international trade, said a press release.

Through intensive training and mentoring activities, their goal is to strengthen the capacities of 3,000 women-owned businesses with a view to generate sales worth pound;28 million ($38m) by 2020.

Officially launched in April and funded by United Kingdom’s Department for International Development (DFID), SheTrades in the Commonwealth was endorsed by UK Prime Minister Theresa May during the opening of the Commonwealth Business Forum (CBF) in London.

SheTrades in the Commonwealth - Bangladesh will address challenges faced by women entrepreneurs, including access to and control over land, cumbersome business and financial institutional processes amongst other entrepreneurial challenges.

‘Women entrepreneurs in Bangladesh will receive tailored support through SheTrades in the Commonwealth enabling them to propel their existing market representation and secure greater access to global trade,’ said Nicholas Schlaepfer, senior programme officer at ITC’s Women and Trade Programme.

The SheTrades in the Commonwealth project will provide governments with better tools and information to implement gender-responsive policies and share best practices.

Over a two-year period, ITC will initially work to increase the competitiveness of women entrepreneurs in the agriculture, apparel and services sectors in four Commonwealth focus countries: Bangladesh, Ghana, Kenya and Nigeria.

The International Trade Centre is the joint agency of the World Trade Organization and the United Nations.

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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