Trade recovery strategies are ITC’s response to the challenges and disruptions generated by the COVID-19 pandemic.ITC’s trade recovery strategies provide a rapid but long-term response to addressing the new reality emerging in international markets. Individual recovery strategies can be designed within 3–4 months through remote consultations to ensure partner countries emerge from the current crisis in a stronger position. Recently, ITC published a study on the impact of COVID-19 on Myanmar's export sectors. Read the report here.
Short-term response: Managing disruption and strengthening critical sectorsThe short-term response of trade recovery strategies focuses on strengthening critical and systemically important sectors that continue to grow despite global value chain breakdowns. These sectors include: agriculture and food processing, health, pharmaceutical, sanitary industries, and information and communications technology. Likewise, support functions necessary to thrive in a low-touch society are addressed, such as transport, logistics management and e-commerce.The strategy will support partner countries to strengthen these sectors despite the uncertainty created as a result of the pandemic. It will identify tailor-made solutions for countries to enable them to navigate trade disturbances such as export bans, uncertain trade relations and shifts in production capacity.In the short-term, the strategy will support partner countries to:
Medium-to long-term response: Building economic resilience and improving business agility to face the “new normal”ITC will assist countries to build economic resilience, to identify opportunities for diversification of production, to strengthen the agility of the business operating environment, and create domestic, regional and international markets.In the long-term, the strategy will support the country to:
Next stepsAware of the realities of the COVID-19 pandemic, ITC has designed its trade recovery strategy to be created remotely. Its digital delivery will be facilitated by online tools that will allow for a consultative and comprehensive approach.ITC is ready to deliver individual trade recovery strategy in 3–4 months.If you would like to learn more about ITC's trade development strategies, please contact us.
Learn more about the work ITC is doing to support small businesses through the COVID-19 crisis by visiting our dedicated COVID-19 response page.
Enquiries should be directed to:
Chief, Trade Development Strategies Programme+41 (0)22 730-0588said[at]intracen.org
National Export Strategy - Myanmar
National Export Strategy - Sri Lanka