COMMONWEALTH BUSINESS COUNCIL
The Commonwealth Business Council (CBC) provides leadership in increasing international trade and investment flows, creating new business opportunities, promoting good governance and corporate social responsibility, reducing the digital divide and integrating developing countries into the global market. In fulfilling its mission, CBC strives to provide a bridge between the private sector and governments, between emerging markets and developed markets and between small businesses and international private sector.

CBC’s goal is to achieve economic empowerment for shared global prosperity through the enhancement of private sector contribution to social and economic development. 

Today we also address the following four challenges, working in partnership with Commonwealth governments and the private sector. 

Changing perceptions
Many Commonwealth countries offer good investment opportunities but suffer from popular misconceptions, uneven media coverage and failure to promote their economic strengths to important external audiences.

The CBC is well placed to work with governments and investors to bring focus to their sound fundamentals and the investment opportunities that these countries represent.

Globalisation
With the growth of the global economy, national and regional boundaries are losing their relevance. Countries must increasingly take a more global view of opportunities for growth.

The CBC, as a microcosm of the wider international economic community, can help countries cope, drawing on its close relationships with business and governments, and its mission to share knowledge and experience.

Technology and skills
The application of new technology is a key ingredient of economic success - more important in the long term than mere money. But technological advancement can happen only if information access systems are available to those with vision and enterprise to seek out and develop opportunities. Commonwealth co-operation through the exchange of skills and knowledge can help overcome that divide.

For example, the CBC plans to deliver programmes for skills development and capacity building in partnership with training institutions such as Cambridge University, Aston University and City & Guilds International.

The Commonwealth Factor
The Commonwealth legacy has equipped member countries with affinities in language, legal systems, and administrative procedures and political outlook - the "Commonwealth Factor". This goes a long way towards ensuring that members are prepared to function individually or as a group in the fast-moving global context.

Governments and the private sector have demonstrated that this relatively homogenous trading group is also capable of drawing investment from non-Commonwealth states including the United States, Japan and the countries of Europe.

Our main objective is to help developing countries and their private sector attain a standard that enables them to play a proper role in globalisation. If we contribute to this process even to a small degree, we will have achieved our purpose.
SAARC SUMMIT 2008
BIZ DOWNLOAD
Africa Investment Forum 2010
Accra, Ghana, 8 - 10 February 2010, Forum Communique
By:Steven On:25-February-2010
RCS INTERNATIONAL MEETING - FINAL COMMUNIQUE 2008
The Royal Commonwealth Society (RCS) International Meeting was held in Larnaca, Cyprus from 21 to 24 September 2008. Around 80 delegates from 20 branches and 27 countries and territories attended the International Meeting, including 30 young delegates from the Nkabom Commonwealth Youth Leadership Programme. As part of “The Media; Projecting the Commonwealth” workshop, recommendations were made by the participants that YoComm should be formally recognised as a media partner of the RCS and its use by branches and youth networks promoted, with monthly reminders to branches and publicity in e-newsletters. It also stated that The Commonwealth Media Development Fund (CMDF) should be restored and expanded and there should be better collaboration on media issues between the Commonwealth Secretariat and Commonwealth organisations.
By:David On:16-February-2010
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BIZ EVENTS
 
Africa Business Forum 2010
The Africa Business Forum 2010 will be held in London on 21st -22nd June prior to the 36th G8 Summit in Canada. It will be chaired by Pascal Dozie, Chairman of Diamond Bank Advisory Board and the Commonwealth Business Council (CBC).
Event Type: CBC Events
Country:United Kingdom Date: 21-June-2010 22-June-2010
Contact Persion: Sean Leno
Contact No:
E-mail: sean.leno@cbcglobal.org
Invest in Nigeria Forum
The Invest in Nigeria Forum coincides with the 50th year of Nigerian Nationhood. Over the last 10 years Nigeria has witnessed sustained economic and democratic development; however the nation still faces significant challenges including bridging the infrastructure gap, revitalise agriculture and manufacturing, and rebalancing the dependence on oil. This International Investor Forum will focus on how the private sector can partner with government in support of the national objective of becoming a top 20 global economy and in the delivery of Millennium Development Goals for the benefit of all Nigerians.
Event Type: CBC Events
Country:Nigeria Date: 31-May-2010 01-June-2010
Contact Persion: Sean Leno
Contact No:
E-mail: sean.leno@cbcglobal.org
Rwanda Investment Forum - Kigali, Rwanda
The Rwanda Investment Forum to be held in Kigali on 10-11 May 2010, will be the first large scale investor event organised in the country since Rwanda became the 54th Member of the Commonwealth at the Commonwealth Heads of Government Meeting in Trinidad last November. The Forum will be organised by the Commonwealth Business Council in partnership with the Rwanda Development Board and with the collaboration of the International Private Sector.
Event Type: CBC Events
Country:Other Date: 10-May-2010 11-May-2010
Contact Persion: Sean Leno
Contact No:
E-mail: sean.leno@cbcglobal.org
CBC Members Lunch with HE Paul Kagame
CBC is delighted to host a Members Lunch with HE Paul Kagame, President of the Republic of Rwanda, on the 10th of March 2010 at the Institute of Directors in London. The Event is by invitation only please contact Nicole Nwasike for further information.
Event Type: CBC Events
Country:United Kingdom Date: 10-March-2010 10-March-2010
Contact Persion: Nicole Nwasike
Contact No:
E-mail: Nicole.Nwasike@cbcglobal.org
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CSE ranked second in the world
For the first time in history the All Share Price Index of the Colombo Stock Exchange closed above the 5,000 mark today. The ASPI closed at 5,138 points. The CSE is currently ranked the 2nd best performing stock market in the world for the year 2010, CSE said.
Country: Sri Lanka
Publishdate: 7/28/2010 12:00:00 AM  
NewsSource: adaderana.lk
China's economic growth eases to 10.3 percent

New York (CNNMoney.com) -- China's economy continued to grow at a robust pace last quarter, a spokesman for the National Statistics Bureau said Thursday.

China's gross domestic product, the broadest measure of economic output, grew at an annual rate of 10.3 percent during the second quarter of 2010. But the pace eased compared to the 11.9 percent rate during first quarter.

With more than 1.3 billion people, China is the world's largest country, and that fact, combined with its rapid economic growth of recent years, has made it a major player in the global economy.

But the moderate slowdown was widely anticipated and is not a cause for concern for economists, many of whom were worried about China's economy overheating and falling in danger of rampant inflation.

Country: China
Publishdate: 7/15/2010 12:00:00 AM  
NewsSource: CNN News
Helping youth owned and operated businesses is focus of Commonwealth partnership with Central Bank of India

The Bank’s Chairman calls on the Secretary-General in London

A technical adviser funded by the Central Bank of India (CBI) will be seconded to the Commonwealth Secretariat by October 2010 to work on projects which build the capacity of youth owned and operated businesses.

At a meeting on 1 July, the CBI Chairman and Managing Director, Srinivasan Sridhar, briefed Commonwealth Secretary-General Kamalesh Sharma on this placement as they discussed the Secretariat-CBI joint work on financing youth enterprises.

Country: India
Publishdate: 7/8/2010 12:00:00 AM  
NewsSource: www.thecommonwealth.org
Sri Lanka should not depend on loans, says Mahathir
Sri Lanka should not depend on foreign loans and instead concentrate on encouragingForeign Direct Investments for the country’s development,
Country: Sri Lanka
Publishdate: 6/11/2010 12:00:00 AM  
NewsSource: derana.lk
Uganda opens refinery for Congo gold

The first gold refinery in Uganda has opened in the capital, Kampala.

The plant will refine gold from the Democratic Republic of Congo and other countries in the region, including Uganda which discovered gold last year.

The $1.5m (?990,000) refinery is operated by the Russian-owned firm Victoria Gold Star and has the capacity to produce at least 10kg of gold a day.

At the opening ceremony, the company's managing director said his aim was to create a legitimate trade in gold.

"We shall require import and export licence for the gold that we shall refine," Yuri Bogoroditskiy is quoted as saying by Uganda's state-run New Vision newspaper.

Country: Uganda
Publishdate: 5/31/2010 12:00:00 AM  
NewsSource: BBC News
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