Commonwealth Trade Review 2015

The Commonwealth in the Unfolding Global Trade Landscape: Prospects, Priorities, Perspectives

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Fundamental changes are taking place in the global trade landscape, and the Commonwealth, with its diverse membership, is adapting to and coming to terms with these changes. This shifting landscape offers tremendous potential for Commonwealth countries to expand their trade – both between members and their overall trade. Although it is not a trading bloc, member countries can also take advantage of and leverage the Commonwealth for greater gains, while focusing on several broader priorities to improve their trade performance.

Commonwealth countries offer insightful perspectives on topical issues that can contribute to promoting the role of trade in development. This Commonwealth Trade Review addresses these issues in four parts:

Part 1 – The Commonwealth in a changing global trade landscape

Part 2 – Intra-Commonwealth trade: emerging dynamics and opportunities

Part 3 – Unleashing the trade potential: priorities for the Commonwealth

Part 4 – Perspectives on topical issues in trade



Intra-Commonwealth Trade: Emerging Dynamics and Opportunities

The Commonwealth is not a trading bloc. Yet trade between members is rising strongly, and is projected to surpass US$1 trillion by 2020. This trade is also of growing importance to Commonwealth members, as the share of intra-Commonwealth trade in their total trade continues to rise.


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