UN report stresses on tourism for fostering trade for LDCs and the Caribbean

Published on : Saturday, July 29, 2017

CaribbeanA United Nations-backed report has said that there is need for greater recognition of tourism as a principal service export for attracting technical assistance to the tourism sector in least developed countries (LDCs), including the Caribbean.

 
The report said that although tourism represents 7 percent of all international trade and 30 percent of the world’s services trade, it is often difficult to direct trade-related technical assistance towards the sector because tourism and trade tend to fall under different line ministries.

 
The report, titled “Tourism for Sustainable Development in Least Developed Countries,” was launched on the occasion of the Aid for Trade Review held in Geneva.

 
The report said that tourism can make a strong contribution to the economies of LDCs. The report’s launch coincides with the International Year of Sustainable Tourism for Development 2017, the UN said.

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