United Nations Industrial Development Organisation (UNIDO) director general LI Yong and Pradeep S Mehta, secretary general of Jaipur-based Consumer Unity and Trust Society (CUTS International), recently signed a five-year agreement to empower consumers to contribute to the global development agenda as well as support their respective governments in times of global crisis.
The agreement aims to initiate joint technical cooperation projects to support ongoing activities in achieving the 2030 Agenda for Sustainable Development, according to a CUTS press release.United Nations Industrial Development Organisation director general LI Yong and Pradeep S Mehta, secretary general of Jaipur-based Consumer Unity and Trust Society, recently signed a five-year agreement to empower consumers to contribute to the global development agenda as well as support their respective governments in times of global crisis.#
CUTS, set up in 1983, works to achieve consumer sovereignty in the framework of social justice, economic equality and environmental balance. Its core engagement areas are promoting good governance, rules-based trade and effective regulations.
The organisation collaborates with an existing network of more than 60 research and civil society institutions all over the world to assist stakeholders across in developing countries to establish ecosystems that promote rules-based trade for consumers, enabling them to enjoy the benefits of liberalisation and integration into the world economy.
CUTS has expressed a strong interest in supporting UNIDO in promoting e-commerce as a platform to accelerate member states’ transition to the digital economy and adapt to the Fourth Industrial Revolution. UNIDO and CUTS plan to develop and implement a BRICS e-commerce project that will build upon the success of UNIDO’s pilot e-commerce project implemented in the BRICS countries between 2016 and 2018.
Both organisations will continue to explore other sectors where joint collaboration can be initiated under the purview of UNIDO’s mandate of promoting inclusive and sustainable industrial development and CUTS mandate of promoting consumer sovereignty which includes the Sustainable Development Goals, the press release added.
ALCHEMPro News Desk (DS)