Alternative Africa

Top Menu

  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

Main Menu

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login
  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

logo

Alternative Africa

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
  • Joe Biden says travel bans on UK, EU will stay despite Trump order

  • Nigeria in talks to produce licensed covid-19 vaccine locally, releases $26m as take-off grant

  • Zambia launches crackdown on unlicensed covid-19 drugs

  • Rwanda places capital, Kigali in second lockdown, ends free covid-19 treatment

  • Frontline Chinese medical doctors arrive Ghana to help combat surging coronavirus cases

AfricaBusinessNews Now
Home›Africa›UK announces additional £2.5m funding to promote international standard for Commonwealth exports

UK announces additional £2.5m funding to promote international standard for Commonwealth exports

By alternativeafrica
October 10, 2019
445
1
Share:

London, Oct. 10, 2019 (AltAfrica)-The UK government through the Department for International Trade and International Development Wednesday announced an additional £2.5 million funding for the Commonwealth Standards Network (CSN) programme.

The CSN is a collaborative network open to Commonwealth States and regional associations which seeks to promote the use and awareness of international standards, and improve technical and institutional capacity to use and develop international standards among its members

UK announces additional £2.5m funding to promote international standard for Commonwealth exports

A statement by Jessica Vickerage, Senior Communications Officer, Department for International Development, said “the additional funding will help the CSN continue its valuable work to break down non-tariff barriers to trade and support institutions and exporters in developing countries to use standards, so they can access new markets and attract investment.”

READ ALSO: COTE D’IVOIRE SECURES $1.5 BILLION DEAL FOR ABIDJAN METRO RAIL

The statement said the UK would discuss with its Commonwealth partners the importance of promoting an open, fair and inclusive global rules-based system with the World Trade Organization (WTO) at its heart and underline the importance of fighting protectionism.

According to the statement, International Trade Secretary, Liz Truss, Wednesday addressed Commonwealth Ministers and High Commissioners at a reception to mark the start of the annual Commonwealth Trade Ministers Meeting in London.

“Ms Truss also announced an additional £2.5 million of funding for the Commonwealth Standards Network (CSN). The CSN works to increase use of international standards across the Commonwealth, in order to promote inclusive intra-Commonwealth trade. The additional funding will help the CSN continue its valuable work to break down non-tariff barriers to trade and support institutions and exporters in developing countries to use standards, so they can access new markets and attract investment,” the statement said.

Quoting Ms Truss, it said:

“We face a challenging global outlook in which protectionist tendencies are increasingly on the rise. But we can and must seize the opportunity Brexit presents to take advantage of new partnerships with some of our oldest allies across the Commonwealth.

“The world is ready to sign free trade deals with Britain. Other countries want our voice at the WTO table, they want to work with our people and have better links with our industries.

“Together, the 53 member states of the Commonwealth have the unique ability to be able to lead the defence of free trade, working together to shape new policies and approaches, showing the world a route to prosperity that lies through partnership, not protectionism.”

The Commonwealth is one of the UK’s largest trading partners and the trading relationship was worth over £100 billion in the twelve months to March 2019.

Noting that UK currently trades with the majority of Commonwealth members on preferential terms, providing UK businesses with easy access to some of the world’s largest markets, the statement said, “the 53 member states in the Commonwealth boast a combined population of over 2.4 billion people and intra-Commonwealth trade is projected to reach $700 billion by next year.”

It said a meeting had been slated for Thursday and will be chaired by the UK. Discussion at the meeting will focus on strengthening multilateral trade, fighting protectionism, as well as the need to make trade more inclusive and sustainable, by engaging women and youth at all levels.

Quoting International Development Secretary, Alok Sharma, it said, “UK aid is vital in reducing barriers to trade and investment across the Commonwealth.

“Our work is helping developing countries to adopt international standards, attract inward investment that will see them become economically self-sustaining and, ultimately, our trading partners of the future.”

The statement also said UK had signed a new trade continuity agreement with the Southern African Customs Union and Mozambique (SACUM).

This trade continuity agreement will see British businesses and consumers benefitting from continued trade with SACUM after the UK leaves the European Union.

“The agreement will help to further strengthen the trading relationship between the UK and SACUM nations, which was worth £9.7 billion last year,” it stated.

SHARE ON:
TagsCommonwealthCommonwealth Standards NetworkFundingImport and ExportUnited Kingdom
Previous Article

Cote d’Ivoire secures $1.5 billion deal for ...

Next Article

Our hope of unity in Africa lies ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

alternativeafrica

Related articles More from author

  • News NowWorld

    UK grants residency status to families of low paid migrant workers who died fighting coronavirus

    May 21, 2020
    By alternativeafrica
  • News Now

    Multilateralism remains a powerful agent of positive change-Commonwealth Secretary-General

    May 22, 2019
    By alternativeafrica
  • AfrikaTVBusinessEditorialsNews NowWorld

    How UK, Spain, Cyprus, Malta, others attract dirty money, aid money laundering through “Golden Visa” Scheme

    October 12, 2018
    By alternativeafrica
  • HealthNews NowWorld

    UK suffers 774 Covid deaths as mass testing ‘failed to detect 60% of known cases’

    December 24, 2020
    By alternativeafrica
  • AfricaBusinessNews Now

    EU announces €40m funding to boost sustainable fisheries in Africa, the Caribbean and the Pacific

    October 25, 2019
    By alternativeafrica
  • AfricaBusinessHealthNews Now

    Israel, Malta to receive first shipment as Uganda begins export of marijuana in 2020

    December 17, 2019
    By alternativeafrica

1 comment

  1. Kagame challenges African youths to break border barriers, make Africa a home for all | Alternative Africa 10 October, 2019 at 02:53 Reply

    […] UK announces additional £2.5m funding to promote international standard for Commonwealth exports […]

Leave a reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You might be interested

  • Anne's DiaryHealthNews Now

    Ugandan woman faces 14 yrs jail term after becoming the first to be convicted for FGM in U.K

  • AfricaBusinessNews Now

    South Africa says foreign investors safe from land expropriation plan

  • News NowNigeria ElectionsPolitics

    Results of Nigeria’s presidential election expected on Monday

Timeline

  • January 19, 2021

    Joe Biden says travel bans on UK, EU will stay despite Trump order

  • January 19, 2021

    Nigeria in talks to produce licensed covid-19 vaccine locally, releases $26m as take-off grant

  • January 19, 2021

    Zambia launches crackdown on unlicensed covid-19 drugs

  • January 19, 2021

    Rwanda places capital, Kigali in second lockdown, ends free covid-19 treatment

  • January 19, 2021

    Frontline Chinese medical doctors arrive Ghana to help combat surging coronavirus cases

  • Popular

  • Comments

  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Morocco begins regional integration by connecting Casablanca Airport with High Speed Train

    By alternativeafrica
    January 4, 2020
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • Nigeria: 32,000 capacity Lagos rice mill to start production in 2020

    By alternativeafrica
    December 23, 2019
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail – Future agricultures
    on
    October 16, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail - The Zimbabwean
    on
    October 12, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...
  • Millitants in Central Mali Set Jail Ablaze in Attack Killing Two | taktik(z) GDI (Government Defense ...
    on
    August 11, 2020

    Fifteen gendarmes killed in another attack on Mali camp

    […] attack fol­lowed a January ...
AlternativeAfrica.com is an independent Pan African News Website dedicated primarily to influencing the negative narratives about Africa. We hope to do this by focusing and showcasing the many developmental strides sweeping across the continent.

Read more >>>

Contact Info

  • 22 Laburnum Court, Laburnum Road, Mitcham London, CR4 2NA, United Kingdom
  • +44(0)2036320939 | +44(0)7535019197 | +44(0)7305356327
  • info@alternativeafrica.com
  • Recent

  • Popular

  • Comments

  • Joe Biden says travel bans on UK, EU will stay despite Trump order

    By alternativeafrica
    January 19, 2021
  • Nigeria in talks to produce licensed covid-19 vaccine locally, releases $26m as take-off grant

    By alternativeafrica
    January 19, 2021
  • Zambia launches crackdown on unlicensed covid-19 drugs

    By alternativeafrica
    January 19, 2021
  • Rwanda places capital, Kigali in second lockdown, ends free covid-19 treatment

    By alternativeafrica
    January 19, 2021
  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Macron in Ivory Coast to launch anti-terrorism academy

    By alternativeafrica
    December 21, 2019
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail – Future agricultures
    on
    October 16, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • The return of fortress conservation: why excluding people means biodiversity conservation will fail - The Zimbabwean
    on
    October 12, 2020

    Inside the training camp of Akashinga, Zimbabwe’s armed, all-women anti-poaching rangers

    […] In parallel to ...
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...

Photostream

    Follow us

    • Home
    • About Us
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © Copyright Alternative Africa 2019. All rights reserved.