2nd Steering Committee meeting of 2016 of the Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID)
Working lunch at the restaurant of the Delegates of the Palais des Nations on December 9, 2016, with Mr. Yvan Decreux from ITC on the trade intelligence tool “Export Promotion Map”.
Geneva, December 9, 2016 – The 2nd Steering Committee of 2016 of the Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) wound up on December 9, 2016 after 3 days of intensive engagement combining bilateral meetings, a workshop on “trade regulations: implications for the financing of trade”, a thorough review of activities of the Network, and the consideration of the work programme for the years ahead.
Workshop – Trade regulations: implications for the financing of trade
Opened by the Secretary-General of UNCTAD, Dr. Mukhisa Kutuyi, alongside the Director of the Division of Enterprises and Institutions from ITC, Mr. Anders Aeroe, and Mr. Olatayo Omidiji, Assistant General Manager of NEXIM Bank (on behalf of the Honorary President, Mr. Bashir Wali), the workshop addressed three main issues: the importance of trade regulations for the financing of trade (positive or negative), international databases and surveys on trade regulation (UNCTAD’s TRAINS non-tariff measures data, Market Access Map and large-scale business surveys, and the Integrated Trade Intelligence Portal of the WTO for goods and services), and specific issues of interest for policy banks (treatment of concessionality in the statistics of OECD’s Development Assistance Committee and WTO subsidy rules and trade financing by State-owned policy banks).
Review of the work programe of 2016 and perspectives for 2017
Members of the Steering Committee reviewed the work programme of 2016 and outlined 5 major achievements:
- The launch of the publication “G-NEXID: 10 Years of Promoting South-South Trade, Investment and Cooperation” in the context of the activities of the fourteenth session of the United Nations Conference on Trade and Development (UNCTAD 14) in Nairobi, Kenya, on July 15, 2016.
- Three successful capacity-building initiatives: two one-day workshops organized by the Secretariat with the support of the UNCTAD in Geneva (one in the context of the 11th Annual General Assembly on “Current challenges and opportunities on South-South trade flows, on May 18, 2016, the other as part of the 2nd Steering Committee on “trade regulations: implications for the financing of trade”) and a full-week training programme organized by the Export-Import Bank of India for other others members of the Network on the Indian financial system in September 2016, in Mumbai, India.
- The launch of the Newsletter containing articles from the Secretariat, members and news from Exim Banks and DFIs on common issues of interest.
- The admission of a new member in the Network with the Brazilian Development Bank (BNDES), including in the Steering Committee.
- The conclusion of the Memorandum of Understanding with the International Trade Centre (ITC) and initial steps for its operationalization.
In addition, members considered the perspectives ahead based on short term, medium term and long terms goals embedded in the proposed “Strategy Document”. In this context, the importance of cooperation with key trade-related institution was highlighted as critically important for the success of the Network, including the operationalization of the MOU with ITC.
Other activities during the 3-day event, included an interactive session with the Business-2-Business Platform “Opportunity Network”, a post workshop cocktail reception and a working lunch with ITC on the Export Potential Map.
The participants included representatives from the following institutions: African Export-Import Bank (Afreximbank), Development Bank of Latin America (CAF), Brazilian Development Bank (BNDES – by proxy), Development Bank of Zambia (DBZ), Eastern and Southern African Trade and Development Bank (PTA Bank), Export-Import Bank of India (Exim Bank, India), Foreign Trade Bank of Latin America (Bladex – via conference call), and the Nigerian Export-Import Bank (NEXIM).
Presentations during the workshop
Presentation during the working lunch
For more information on the 2nd Steering Committee meeting of 2016, please contact the Coordinator of G-NEXID at: email@example.com.