Objectives

The objectives behind the formation of the Global Forum of Commerce & Industry (GFCI) are multifaceted, aiming to support and enhance global economic activities. The primary objectives include:

  • Promoting International Trade: Facilitate the exchange of goods and services across borders, reducing barriers and promoting free trade agreements.
  • Encouraging Investment: Attract and promote both domestic and foreign investments to stimulate economic growth and development.
  • Fostering Economic Cooperation: Build and strengthen economic partnerships and collaborations among countries, businesses, and industries.
  • Advancing Sustainable Development: Advocate for sustainable economic practices that ensure long-term environmental health and social well-being.
  • Enhancing Competitiveness: Help businesses, particularly small and medium-sized enterprises (SMEs), improve their competitiveness in the global market.
  • Supporting Innovation and Technology: Promote the exchange of technological advancements and innovative practices to boost productivity and economic progress.
  • Policy Advocacy and Dialogue: Serve as a platform for dialogue on economic policies, advocating for regulations and practices that support global commerce and industry.
  • Providing Education and Training: Offer resources, training, and educational programs to develop the skills and knowledge necessary for success in the global economy.
  • Market Research and Intelligence: Conduct and disseminate research and market intelligence to help businesses make informed decisions.
  • Resolving Trade Disputes: Provide mechanisms for the resolution of trade disputes, ensuring fair and efficient business operations.

By achieving these objectives, the GFCI aims to create a more integrated, dynamic, and prosperous global economy.