At the Brisbane Summit in November 2014, G20 Leaders noted that “Trade and competition are powerful drivers of growth, increased living standards and job creation. In today’s world we don’t just trade final products. We work together to make things by importing and exporting components and services. We need policies that take full advantage of global value chains and encourage greater participation and value addition by developing countries.”
This stocktaking seminar in Paris on 2 June 2015 builds upon previous events and reports to successive G20 Presidencies on the implications of new measures of trade in value added terms and the emergence of global value chains (TiVA-GVCs) for trade, investment and related policies. It examines in particular the opportunities and the challenges for further integration of small and medium-scale enterprises (SMEs) and low income developing countries (LIDCs) firms into GVCs, and identifies practical policy responses that governments can consider.
Mr. Angel Gurría, Secretary-General of the OECD, delivered a keynote speech. The speakers and moderators at this event were: