Activities Round Up

Date : 23 Jun to 24 Jun 2015
Place : Johannesburg
Organised by : FISME

FISME invited to Commonwealth Trade Symposium held in Johannesburg

 

The Commonwealth- an association of 53 independent nations, organized the first Trade Symposium on 23-24 June 2015 in Johannesburg.   The officials, experts, representatives from the private sector and other stakeholders from 57 countries participated in the South African capital city.

From India,  FISME was invited to take part in the deliberations and share its experience of working on trade issues especially the multilateral trade negotiations.  Mr. Anil Bhardwaj, Secretary General made the presentation on the experience of UNCTAD India project on ‘Strategies and Preparedness for Trade and Globalization in India’ during the symposium. FISME was the Tier-I SME partner  of the project.  The project was implemented under aegis of Ministry of Commerce and Industry, Government of India, funded by DFID (UK) and by UNCTAD’s team.

The key message delivered by FISME Secretary General during the symposium was that quality of trade negotiations in most developing countries leaves much to be desired. The private sector organizations in these countries, particularly those representing MSMEs,  are not equipped to provide actionable insights to trade negotiators. They are not ‘consultation ready’. However,  the capacity of private sector to contribute meaningfully to trade negotiations is not a pre-requisite for engagement, but a consequence of sustained process of capacity building of key stake holders.