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Fourth Regional-Global Trade in Value Added (TiVA) initiatives workshop.

22 October 2020|Event

Under virtual modality, and under the leadership of the Organization for Economic Cooperation and Development (OECD), the fourth working meeting of the different value-added trade initiatives (TIVA) was held as a follow-up to the development of the different initiatives. Delegates from different international organizations participated including the World Trade Organization, the United States Department of Commerce, the European Commission's Joint Research Center (EC-JRC), the Asian Development Bank (ADB), as well as the United Nations Regional Commissions for Africa (UNECA), Asia Pacific (ESCAP), Western Asia (ESCWA), and Latin America and the Caribbean (ECLAC). Representatives of the National Institute of Statistics and Geography of Mexico (INEGI), Statistics Canada (Stats Can), the University of Groningen (WIOD) and EUROSTAT also took part in the discussions.

During the meeting, ECLAC presented new advances of the Latin America and the Caribbean TiVA initiative. Now, the number of countries included in this initiative increased from 10 to 18, including Mexico and Central American countries, in addition to South America, and the temporal coverage was extended from 2005 and 2011 to 2014. The results of the progress of the project "Development of value chains for deeper integration between Latin America and Asia Pacific", led by ECLAC and ESCAP, with the collaboration of the Asian Development Bank (ADB), were also presented, specifically a set of global input-output matrices prepared for the years 2007, 2011 and 2017 with the main purpose of analyzing bi-regional relations between Latin America and Asia Pacific.

For its parts, the OECD anticipated the launch of a new updated TIVA database for the period 1995-2018. This new database is based on the 2008 System of National Accounts and was built based on the International Standard Industrial Classification (ISIC) Rev. 4. Likewise, progress was made on the following databases: inter-country input-output matrices (ICIO); activities of multinational enterprises (AMNE), trade and employment (TIM), bilateral trade in goods by industry and end-use category (BTDIxE), structural analysis (STAN), and others.

The fourth TiVA Regional-Global Workshop aimed to promote greater coordination among all the initiatives in order to guarantee consistency and comparability among them. ECLAC presented a comparison between the different initiatives, as well as a proposal to advance in the convergence between initiatives.

Below are more details of the progress made by ECLAC, as well as the conclusions of the workshop, the list of participants, and some links of common interest to the international community.