Spanish - Economist | May 22, 1969 -
Through the SITA initiative, we are building bridges between India and East Africa by taking Indian companies to these countries to see with their own eyes what the opportunities are.
Arancha Gonzalez
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There are bridges that we have built not only between individual companies but also between associations. This will keep business and investments flowing.
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Empowering women with greater income opportunities will lift societies at a much faster rate.
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It makes perfect economic sense to integrate women in the economy in the developing world in order to catch up with advanced countries, thereby minimising socioeconomic costs as well.
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Our main aim globally is to connect more women to the economy because we know there is a specific market failure there: women are having more difficulty in business than men.
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It has been proven through studies by the World Bank and others that companies participating in international trade are more competitive.
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Through e-commerce, women have found a means to jump over cultural and traditional lack of available time for remunerated activities.
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I have been talking to trade ministers in various countries who all say that gender inclusivity is important to them. We need to make this importance visible to the rest of the world and catalyse action towards more inclusive trade.
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The 'SheTrades' programme aims to connect one million women entrepreneurs to markets by 2020 with a campaign, a focussed networking app, and a range of international and national information resources.
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Women are the half of the engine of our societies; they are half of the engines of our economies.
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Women are the most underutilized 'resource' in the world economy.
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The social and legal discrimination that relegates hundreds of women to subordinate or marginal economic roles has a huge aggregate cost.
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