WEDF-2023: Business Consultations on Landlocked Developing Countries

Economy
ooluun@montsame.mn
2023-06-27 10:12:01

Ulaanbaatar, June 27, 2023 /MONTSAME/. The "World Export Development Forum - 2023" kicked off yesterday in Ulaanbaatar, Mongolia, marking its 20th edition. The Forum, scheduled from June 26-29, began with business consultations and meetings on landlocked developing countries.


The International Trade Centre’s (ITC) annual flagship event, the World Export Development Forum (WEDF), aims to facilitate meaningful conversations and collaborations that address the challenges faced by the global trade community, including conflict, climate change, the ongoing impact of COVID-19, and rising costs.


Mongolia hosts WEDF-2023 under the auspices of the President of Mongolia Khurelsukh Ukhnaa, and the theme for this year’s Forum is "Diversify with Green Trade," emphasizing the importance of organic, digital, and sustainable solutions in overcoming multiple crises. The Forum has brought together over 600 delegates from 70 countries - a diverse range of representation, including small business owners, women entrepreneurs, young innovators, policymakers, and international organizations.


Closed-door business consultations on the first day of WEDF aim to bring the private sector voice to the highest levels in government and the United Nations for a Third UN Conference on LLDCs that is set for 2024 in Kigali, Rwanda and will be attended by Heads of State and Government.

Parallel roundtables on business and trade development were also held yesterday on Trade infrastructure, Regional connectivity,
Trade and finance and Inclusive trade facilitation.


Moreover, Business to Business Meetings were held on ICT Services, Natural Fibres, and Leather. B2B Networking Platform was developed to facilitate business connections between the participating companies and help them meet potential partners at WEDF- 2023 .


B2B Meetings on June 26 were scheduled automatically based on the company preferences and business interests, using a matchmaking algorithm to provide suggestions of potential meeting companies for registered companies. Meanwhile, WEDF 2023 provides the participating companies the opportunity to schedule their own B2B meetings between June 27-29 through the B2B Networking Platform, allowing them to choose companies, times, and places of the meeting as well as to integrate the company’s personal agenda into the B2B calendar.