Trade Policy at Work

Effective Participation of Developing Countries and LDCs in Global Value Chains

This note focuses on the effective participation of developing countries including Least developed Countries (LDCs) in the Global Value Chains (GVCs). It will provide grounds on how GVCs participation can promote sustainable development and overall international trade integration for stakeholders. This note elaborates on GVCs at the multilateral level and highlights the importance of trade finance for both, Small and Medium Enterprises (SMEs) and Micro Small and Medium Enterprises (MSMEs) growth in the developing countries and LDCs for increased GVCs participation. It highlights Cambodia and her bicycle manufacturing capacity in GVCs to develop some recommendations for developing countries and LDCs.