A Cambodian farmer Men Leng, 40, gets her first harvest with her husband, Rethy Chey 54,  in Prey Thom village, Reaksmei Sameakki Commune, Aoral district in Kampong Speu Province. Leng is one of 400 landless and land-poor families who received a social land concession from the government under the associated LASED project, funded by JSDF through the World Bank and implemented by Life with Dignity (LWD). Photo: Chor Sokunthea / World Bank

World Investment Forum to mobilize financing for climate, energy, health and food

Heads of state, more than 50 government ministers, over 150 CEOs of leading companies and stock exchanges, and thousands of investment stakeholders – from sovereign wealth fund managers and investment treaty negotiators to heads of international organizations – will participate in more than 130 events co-organized with over 80 partners. See the full programme.


Registration opens for live screening of panel meeting in US-EU ripe olives dispute

At the request of the parties in the dispute “United States — Anti-Dumping and Countervailing Duties on Ripe Olives from Spain — Recourse to Article 21.5 of the DSU by the European Union (DS577)”, the panel has decided to open its substantive meeting to public observation on 25 and 26 October 2023. The live screening will take place at the WTO’s headquarters in Geneva. Applications to attend the screening must be received by 10 October.

Earth (focus on Europe) represented by little dots, binary code and lines - big data, global business, cryptocurrency 3D render

Exports to Saudi Arabia Surpass $1.6 Billion with a Fourfold Increase in Eight Months.

Ahmet Fikret Kileci, Vice President of the Turkish Exporters' Assembly (TİM), announced that exports to Saudi Arabia in the first eight months of this year reached approximately $1.6 billion, marking a fourfold increase compared to the same period last year. Kileci stated that they are utilizing all available resources to further advance this performance in the Saudi Arabian market.


Turning to solutions, Secretary-General Grynspan outlined the “very concrete things” the world can do to rev up investment, debt restructuring, and liquidity and contingency funding for developing countries.

She echoed calls from UN chief António Guterres for an SDG Stimulus of at least $500 billion a year to bolster sustainable development and climate action.

“We’re proposing to scale up the multilateral development system finance for affordable, long-term finance for investment in [developing] countries,” Ms. Grynspan said.

“They can do that with re-capitalization of multilateral development banks, and a better use of the balance sheets.”

The UNCTAD chief also threw her support behind an effective debt-relief mechanism that supports payment suspensions, longer lending terms, and lower rates, as well as a deep reform of the global financial architecture.

Turkish Export Products Shine on the Venezuelan Market.

With the support of the Ministry of Trade and under the coordination of the Turkish Exporters’ Assembly (TİM), the Venezuela Turkish Export Products Fair was held in the capital, Caracas, between September 20 and 24, with the participation of 32 companies.

Marcos Meléndez, Manager of the La Guaira Special Economic Zone, one of the key centers of the Venezuelan economy, also visited the fair and held discussions with Turkish companies regarding investment opportunities. Additionally, a memorandum of understanding was signed between Turkish companies and the La Guaira Governorate with the aim of exploring investment opportunities.