The report uses the global value chain (GVC) framework to examine Sierra Leone’s position in the global industry to identify upgrading opportunities for the local industry. Recent trends in the global market have shown a rise in consumer preference for dark chocolate and ‘bean-to-bar’ products. Upgrading opportunities in these markets are identified for the country.
The Duke GVC Center and the International Trade Centre (ITC) have signed a Memorandum of Understanding (MoU) that establishes the framework for institutional cooperation.
The cooperation will focus on the following areas:
Collaboration in fundraising and project development
Specific projects within the scope of this MoU will be communicated in due course. This MoU builds on a Duke GVC Center research study undertaken as part of the European Union funded project being jointly implemented by ITC and the Caribbean Agricultural Research and Development Institute entitled “Connecting to the World Market Through Regional Value Chains: Partnership Opportunities in the Coconut Value Chain for the Small Caribbean Economies.” Duke GVC Center researcher Ajmal Abdulsamad was the author of this study and is expected to lead new projects resulting from this MoU.
“ITC and Duke share a common goal to foster inclusive growth,” said Duke GVC Center Director Gary Gereffi. “There are many opportunities to leverage global value chain analysis to shed light on the competitiveness issues and opportunities for different sectors. The research that results from this MoU will provide real-world practical advice that informs decision-making for specific stakeholders and benefits the international development community overall.”
“ITC is committed to playing a leading role in identifying, sharing and developing thought leadership and practical approaches to support our clients to innovate and make better decisions on how they participate in trade to achieve impact at large for inclusive social and economic development,” said Anders Aeroe, Director for Enterprises and Institutions at ITC. “Our collaboration with the Duke GVC Center is a strategic way to maximize the participation of small and medium-sized enterprises in value chains, and build and strengthen public-private partnerships and alliances that result in better and more sustainable trade.”
For more information please contact:
– Mr. Hernan Manson, Senior Officer Sector and Enterprise Competitiveness, ITC, email@example.com
– Mr. Ajmal Abdulsamad, Senior Research Analyst, Duke CGGC, firstname.lastname@example.org
This report presents the advantages of a regional approach and the opportunities of public-private collaboration in connecting the small Caribbean economies to the global market. Findings from this research will inform the strategy of a multi-year program, “Coconut Industry Development for the Caribbean,” funded by the European Union and jointly implemented by the International Trade Center (ITC) and the Caribbean Agricultural Research and Development Institute (CARDI). The report covers nine Caribbean countries: the Dominican Republic, Jamaica, Guyana, Belize, Suriname, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago, and Dominica.
Ajmal presented recent work on the coconut value chain at a regional stakeholder meeting in Georgetown, Guyana on April 22, 2016.