Trade policy isn’t just about tariffs and market access; it profoundly affects gender equality and economic opportunities. Women often face higher obstacles to participating in global trade due to legal restrictions, financial discrimination, and the gender digital divide.
Why It Matters
Increasing women’s participation in the labor market can boost productivity, diversify economies, and drive innovation. The World Trade Organization (WTO) is at the forefront of integrating gender issues into trade policy, promoting women’s empowerment through its Informal Working Group on Trade and Gender.
Key Updates
a) In 2020, the Informal Working Group on Trade and Gender was established, focusing on gender-responsive trade policies.
b) In 2022, the 12th Ministerial Conference highlighted the links between women’s economic empowerment and economic growth.
c) And in Feb 2024, the 13th Ministerial Conference advanced gender equality with significant commitments and practical tools for inclusive policy making.
What’s Next?
The WTO continues to push boundaries with the Trade&Gender360° Strategy, research initiatives, and a renewed focus on Aid for Trade to ensure that gender considerations are central to trade policy and practice.
Read more about the WTO’s efforts in gender equality and trade in their State of Play Briefing Note – https://shorturl.at/A42F6.
Let’s drive change together!
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