Economic Diplomacy In Trade And Investment

Start: Nov 20, 2023
End: Dec 1, 2023
Venue: Nairobi - Kenya
Duration: 2 weeks
Start: Mar 4, 2024
End: Mar 15, 2024
Venue: Victoria - Seychelles
Duration: 2 weeks
Statement of Need

Economic diplomacy is one critical opportunity African governments must tap into and identify mitigation strategies against the challenging economic environment. This requires strengthening the capacity of African Trade Officials to comprehend issues at stake, negotiate and expand their national trade interests within their jurisdiction of accreditation in seeking out and expanding markets for their goods and services, and procuring investment as well as rationalizing operational aspects of their governmental system as against the changed structure of conducting international diplomacy.
The programme is designed to give Officials a sound understanding of the key issues involved in economic diplomacy, ongoing trade arrangements, commercial diplomacy and the techniques employed by diplomats to advance their state’s commercial interests. It will examine the various facets of the dynamics of international trade. It will clarify the major issues involved in international trade and trade-related issues and develop an understanding of the role of diplomatic missions in promoting business, attracting investments and facilitating trade. It will demonstrate an understanding of the primary issues and conflicts, which usually influence the formation of international trade policies in consideration of restructured roles of various actors including non-traditional actors in diplomacy.

Who Attends

This programme is intended for audiences working involved in the active regulation of markets both at the horizontal and vertical levels of government, ministries, parastatals and agencies dealing with diplomacy.

How participants will benefit
  • At the end of the programme, participants will be able to:
  • List key transformations that have occurred in international diplomacy over the years;
  • Secure an in-depth understanding of the roles and the growing influence of actors in the sphere of international policymaking and how they apply and affect Africa;
  • Identify and secure an in-depth understanding of drivers behind emerging issues shaping international economic agenda as well as international trade dynamics in Africa;
  • Explain the key concepts and frameworks related to multilateral, regional, and bilateral initiatives in the context of African countries and the world;
  • Analyze the current trade-related constraints halting the harnessing of opportunities from intra-African trade and associated initiatives advanced;
  • Examine and evaluate issues of trade and investment in developing countries;
  • Develop strategies and recommendations for diplomatic missions to enhance their role and effectiveness in promoting business and trade amidst the changing global economic environment.