Fostering Resilient, Diversified and Sustainable Value Chains in the Eurasian Region after COVID-19

ECE-E378

Trade

$ 249,000

01 Sep 2021

31 Mar 2024

08 Jul 2021

Russian Federation

Armenia, Belarus, Kyrgyzstan, Kazakhstan

The project will strengthen the capacity of the Eurasian Economic Union (EAEU) countries, to build resilient, diversified and sustainable value chains at the regional level and to integrate into international/global value chains post-COVID-19. The project will identify data and knowledge gaps, sketch out avenues to fill them, and raise awareness about them. It will also develop targeted policy options and will equip policy makers at the national and sub-regional levels to deal with this transition, with a view to promoting cooperative ties and export of industrial products with higher value-added. By building better international and regional trade links in the beneficiary countries and by strengthening their integration in the rules-based trading system, the project will respond to the 2030 Agenda for Sustainable Development, the General Assembly’s resolution on Global Solidarity to fight the coronavirus disease (A/RES/74/270) and the UN General Assembly’s resolution “Comprehensive and coordinated response to the coronavirus disease (COVID-19) pandemic” (A/74/L.92). Among others, the latter notes that the COVID-19 pandemic has disrupted the normal functioning of open markets, global supply chain connectivity, and the flow of essential goods and that these disruptions hinder the fight against poverty, hunger, and inequality, ultimately undermining efforts to achieve the 2030 Agenda for Sustainable Development. The project will also respond to the call of the Secretary General's report on “Shared responsibility, global solidarity: Responding to the socio-economic impacts of COVID-19 regarding, inter alia, the importance of re-establishing supply chains. The project will assist beneficiary countries to fully harness the value-added of respective UNECE norms, standards and tools for resilient, diversified and sustainable value chains.