As global trade evolves, increasing participation in services and agrifood global value chains (GVC) can help economies in Asia and the Pacific drive development, according to this report, which highlights how a targeted Aid for Trade approach can support participation.
Analyzing the evolution of regional value chains, it considers Aid for Trade's impact in the region and shows how it can help economies improve market access, upgrade infrastructure, and diversify products and routes. With a focus on services, including tourism, and agrifood, it highlights the importance of targeting support toward regulatory reform, digital connectivity, access to finance, and infrastructure investment to enable deeper participation in regional and global value chains and to help catalyze regional growth.
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