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Commonwealth Secretary-General Calls For Stronger Trade, Investment Partnerships Among Members

Mark Itsibor by Mark Itsibor
6 seconds ago
in Business
Commonwealth
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Commonwealth Secretary-General Shirley Ayorkor Botchwey has called for greater trade, investment and economic cooperation across the Commonwealth, urging governments and businesses to turn the organisation’s unique commercial advantages into tangible growth, jobs and prosperity.

The Secretary-General said Commonwealth was uniquely positioned to help member countries navigate a rapidly changing global economy. “The global economy is not just experiencing a passing period of turbulence. It is going through a structural shift,” she said.

“At a time when parts of the world are turning inward, the Commonwealth must turn towards one another with greater purpose.”

The Secretary-General highlighted the Commonwealth’s shared language, legal traditions, institutions and business practices as powerful assets that continue to lower barriers to trade and investment among its 56 member countries.

“These connections are commercial assets. They reduce friction. They build trust. They lower risk. They make it easier for businesses to trade, invest and grow across borders.”

Botchwey made the remarks while delivering a keynote address at Invest Lagos 3.0, organised in partnership with the Lagos State Government and the Commonwealth Enterprise and Investment Council (CWEIC)

She noted that trade between Commonwealth countries is conducted at an average cost around 21 per cent lower than between comparable non-Commonwealth trading partners.

“That is the Commonwealth Advantage: trade between Commonwealth countries being on average, around 21 per cent cheaper.”

“But advantage, by itself, is not enough. An advantage unused is only a statistic.”

“Our task is to turn that advantage into jobs, investment, supply chains, infrastructure, innovation and growth that people can feel in their daily lives.”

The Secretary-General also called for greater investment in infrastructure, digital connectivity, entrepreneurship and skills development, particularly for young people and small businesses.

“We need execution. We need scale. We need confidence. We need partnerships that deliver.”

Looking ahead, she said the Commonwealth must create the conditions for long-term investment and stronger economic integration across member states.

“The Commonwealth has the network. Now we must bring them together.”

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Botchwey says the priorities will continue to shape discussions at the Commonwealth Business Forum 2026, which will be organised by the Commonwealth Enterprise and Investment Council (CWEIC), the Government of Antigua and Barbuda and the Commonwealth Secretariat later this year alongside the Commonwealth Heads of Government Meeting (CHOGM).

The forum will convene heads of government, ministers, investors and business leaders from across the Commonwealth and beyond to advance trade, investment and commercial partnerships.

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Mark Itsibor

Mark Itsibor

Mark Itsibor is an economy and finance journalist with over 13 years of experience across Nigeria's media landscape, specialising in macroeconomic policy, financial markets, fiscal reforms, and public finance. He is known for well-researched reports and analytical features that inform policy conversations and support public understanding of complex economic developments.

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