 The Commonwealth Business Council (CBC) was formed at the Edinburgh CHOGM in 1997. The aim was to utilise the global network of the Commonwealth more effectively for the promotion of global trade and investment for shared prosperity. Image File history File links Download high resolution version (768x1063, 108 KB)Commonwealth Business Council logo This is a logo of a corporation, sports team, or other organization, and is protected by copyright and/or trademark. ...
For other uses, see Edinburgh (disambiguation). ...
The Commonwealth Heads of Government Meeting (CHOGM) is a biennial meeting of the heads of government from all Commonwealth nations. ...
The English noun Commonwealth dates originally from the fifteenth century and in different contexts indicates: a political unit founded in law by agreement of the people for the common good; a federated union of constituent states; a republic; a Co-operative Commonwealth is a society based on cooperative and socialist...
The CBC acts as a bridge for cooperation between business and government, concentrating efforts on these specific areas:
Commonwealth countries are major stakeholders in the process and success of the Doha Development Agenda. Together the Commonwealth’s 53 member countries account for 30 per cent of the world’s population and about 25 per cent of its international trade and investment. Commonwealth countries account for 40 per cent of WTO membership. CBC’s trade development objectives include encouraging trade facilitation and further liberalisation of services; encouraging developing countries to play an active role in the WTO, and in new trade rounds, by maximising their negotiating strength through cooperative action. Public-private partnership (PPP) is a variation of privatization in which elements of a service previously run solely by the public sector are provided through a partnership between the government and one or more private sector companies. ...
The Doha round of World Trade Organization negotiations aims to lower barriers to trade around the world, with a focus on making trade fairer for developing countries. ...
For other uses of the initials WTO, see WTO (disambiguation). ...
The CBC helps to mobilise investment into Commonwealth countries through measures including ensuring access to international capital markets; strengthening 26 domestic capital markets; encouraging regional integration; committing the private sector to work together with governments to help achieve a successful market economy for generating investment.
A key feature of CBC is its global membership, comprising corporate members from both developed and developing countries. This gives CBC the capacity to make a special contribution to the debate on corporate citizenship, dominated by developed countries. A developing country is a country with low average income compared to the world average. ...
A developed country is a country that has achieved (currently or historically) a high degree of industrialization, and which enjoys the higher standards of living which wealth and technology make possible. ...
The CBC has been working to involve private sector engagement in facilitating the implementation of an Information Communications Technologies for Development programme. The CBC programme enhances collaborative partnerships between the various stakeholders including governments, private sector, donor agencies and civil society. Major goals include: The private sector of a nations economy consists of those entities which are not controlled by the state - i. ...
Civil society or civil institutions refers to the totality of voluntary civic and social organizations or institutions which form the basis of a functioning society as opposed to the force backed structures of a state (regardless of that states political system). ...
- Bridge the digital divide for both social and economic development.
- Promote ICT for development in Commonwealth countries.
- Promote an experience exchange among stakeholders in Commonwealth countries.
- Promote business and government cooperation for development.
- Create awareness and enhance the knowledge of policy makers regarding economic, technical and legal aspects of implementation of ICT for development.
- Provide and facilitate training and capacity building.
CBC believes that there remains a significant gap for independent support to emerging market governments in the structuring and transacting of ICT infrastructure opportunities. The key CBC objectives are: An expression used by government advisor Dr. Simon Moores in a 1996 BBC television interview on digital inclusion, the digital divide is the socio-economic difference between communities in their access to computers and the Internet. ...
Capacity building is assistance which is provided to entities, usually developing country governments, which have a need to develop a certain skill or competence, or for general upgrading of performance ability. ...
- Examine how support from highly experienced individuals can assist through the creation of an infrastructure technical advisory unit.
- Provide senior-level government support to provide focused advice.
- Provide mechanisms that will help governments leverage the huge capacity of the private sector to address the demand for better infrastructure.
External links
- http://www.cbcglobelink.org
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