Harnessing the Commonwealth Advantage in International Trade  

13th July 2017

Event Venue: 30 Crown Place, Earl Street, London, EC2A 4ES

Summary

Commonwealth members already enjoy a trade advantage without any formal collaboration. We tend to trade on average around 20% more compared to other partners and benefit from lower trade costs arising from our commonalities. These results suggest potential for enhanced cooperation to further stimulate the Commonwealth trade advantage in contemporary trade, finance and investment flows. Getting our trade, finance and investment governance structures fit for purpose within the context of 21st century trade – in anticipation of the next production revolution – is a prerequisite to regenerative development. This one-day event organised in collaboration with Pinsent Masons and the London Wealth Forum will explore how the Commonwealth advantage in international trade can be more effectively harnessed to this effect.  

Agenda

9:00-9:30am

REGISTRATION AND COFFEE  

9.30-10:00am

Opening Remarks

  • The Rt Hon Patricia Scotland QC, Secretary-General of the Commonwealth
  • Jason Collins, Head of Tax, Litigation & Regulatory, Pinsent Masons  

Moderator: Richard Moir, CEO London Wealth Forum

10:00-11:15am

Session 1. The Commonwealth in the Changing Global Trading Landscape: This panel will explore the profound shifts arising in the global trading landscape and the Commonwealth trade advantage within this context.  

Panel: 

  • Chris Giles, Financial Times
  • Sir Mark Boleat, City of London
  • Lorand Bartels, Cambridge University and Senior Counsel, Linklaters

Moderator: Jodie Keane, Commonwealth Secretariat, London

11:15–11:30am

TEA/COFFEE BREAK

11:30–1.00pm

Session 2. Enhancing Connectivity across the Commonwealth: New forms of trading relationships are arising as a result of profound technological advances. In view of these transformations, this panel will explore 21st century trade support measures.    

Panel:

  • Jane Drake-Brockman, Director, EU Centre for Global Affairs, Institute for International Trade, The University of Adelaide
  • Kirk Haywood, Economic Adviser, Commonwealth Secretariat
  • Michael Sippitt, Commonwealth Environmental Investment Platform 
  • Dirk Willem te Velde, Overseas Development Institute, London

Moderator: Stèphanie Noël, S. Noël Law Office

1:00–2:00pm

LUNCH

2:00-3:30pm

Session 3. Accessing Finance and Alternative Investment Vehicles: Upgrading productive structures requires access to finance. In turn, this requires institutional support and governance capabilities. This panel session will explore experiences across the Commonwealth and situate this discussion within the context of regenerative development.  

Panel:  

  • Professor Machiko Nissanke, Emeritus Professor, SOAS
  • Seth Terkper former Ghanian Minister of Finance
  • Daniel Hanna, Global Head of Public Sector and Development Organisations for Standard Chartered.

Moderator: Howard Haughton, Commonwealth Secretariat 

 3:30-3:45pm

TEA/COFFEE BREAK  

3:45- 5:00pm

Session 4.  The Tax and Trade Nexus – Developments in Tax Treaty Arrangements The taxation of cross-border flows has a significant influence on investment and cross border trade. In the context of significant and ongoing broader reform related to international taxation this session focusses on developments related to bilateral tax treaty arrangements.

Panel:

  • Jeremy Webster, Senior Associate, Pinsent Masons
  • Dr Martin Hearson, Department of International Relations, London School of Economics
  • Richard Hay, Partner, Stikeman Elliott
  • Duncan Onduru, Executive Director, Commonwealth Association of Tax Administrators

Moderator: Lucas Rutherford, Commonwealth Secretariat

5:00-5:30pm

Workshop Close

Master of Ceremony: Richard Moir, CEO London Wealth Forum

5:30-7:00pm

Reception Hosted by Pinsent Masons

Spaces are limited. For information and registration please contact Richard Moir.

Tel 07803048451.  RSVP by 11 July.  rm@richardmoir.com

Total cost will be £55 per person.

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