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WTO chief says more required to be done to promote women in trade
MORE still needs to be done to ensure women have access to the full economic benefits of trade, the Director-General of the World Trade Organization Roberto Azevedo said recently in Brussels at the International Forum on Women and Trade.
He pointed out that trade activities are a source of increasing employment for women and he noted that in Rwanda, for example, 74 per cent of cross-border trade now includes women. Similarly, in Cambodia, 86 per cent of silk industry employees are women, while in China, 55 per cent of digital entrepreneurs are women, according to American Shipper.
However, barriers to women seeking to establish international businesses persist. Mr Azevedo said women globally still face legal and regulatory barriers, insufficient access to capital, cultural barriers and general lack of training to gain the necessary skills.
He said it's important to invest in gathering more data about how trade impacts women. "There is not enough data at present to properly assess where the gaps are and how we can address them," he acknowledged.
Mr Azevedo said increasing women's role in international trade must receive greater focus at the local, national and global levels. "If we want to change things, we all need to be engaged," he said.
He pointed out that trade activities are a source of increasing employment for women and he noted that in Rwanda, for example, 74 per cent of cross-border trade now includes women. Similarly, in Cambodia, 86 per cent of silk industry employees are women, while in China, 55 per cent of digital entrepreneurs are women, according to American Shipper.
However, barriers to women seeking to establish international businesses persist. Mr Azevedo said women globally still face legal and regulatory barriers, insufficient access to capital, cultural barriers and general lack of training to gain the necessary skills.
He said it's important to invest in gathering more data about how trade impacts women. "There is not enough data at present to properly assess where the gaps are and how we can address them," he acknowledged.
Mr Azevedo said increasing women's role in international trade must receive greater focus at the local, national and global levels. "If we want to change things, we all need to be engaged," he said.
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