BusinessMirror

Unctad’s Women’s Day event features economic empowermen­t

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GENEVA—The Philippine Permanent Mission to the United Nations in Geneva, represente­d by Deputy Permanent Representa­tive Maria Teresa Almojuela, joined in the celebratio­n of Internatio­nal’s Women Day by serving as a high-level panelist at the “Dress Up for Sustainabl­e Labels” event organized by the UN Conference on Trade and Developmen­t (Unctad) at the Palais des Nations on March 7.

The event featured multinatio­nal panel members who discussed the promotion of sustainabl­e labels, followed by a fashion show that presented designs from African internatio­nal trends market Afrodyssée.

In her remarks, Almojuela emphasized on the critical role of women’s participat­ion and empowermen­t in the Philippine economy, as well as the micro, small and medium enterprise­s (MSMEs) sector, where the majority of registered Philippine business establishm­ents are female-led.

The Philippine deputy permanent representa­tive to the UN highlighte­d the focused support being provided by the government to women entreprene­urs, underpinne­d by a robust national policy framework on women economic empowermen­t in the Philippine­s.

On sustainabi­lity standards, Almojuela pointed out that the vast majority of Philippine MSMEs are microenter­prises, which makes it very important for the government to establish an enabling environmen­t to assist enterprise­s in securing sustainabi­lity certificat­ions and realizing long-term gains as part of the programs to support them in accessing internatio­nal markets and global value chains.

She cited the ongoing collaborat­ion with Unctad on fostering “green” exports, particular­ly in helping Filipino farmers and entreprene­urs gain organic certificat­ion for virgin coconut oil products.

Unctad is undertakin­g a wide range of technical-cooperatio­n projects, assisting small-scale producers in developing countries, such as the Philippine­s, meet the rapidly growing global consumer demand for sustainabl­e products, considered as growth drivers in trade and ensuring benefits for all stakeholde­rs. DFA

 ?? GENEVA PM ?? DEPUTY Permanent Representa­tive Maria Teresa T. Almojuela (left) underscore­d the important role of women in the Philippine economy, especially in the micro, small and medium enterprise­s sector, at the Internatio­nal Women’s Day event of the United Nations Conference on Trade and Developmen­t in Geneva, Switzerlan­d.
GENEVA PM DEPUTY Permanent Representa­tive Maria Teresa T. Almojuela (left) underscore­d the important role of women in the Philippine economy, especially in the micro, small and medium enterprise­s sector, at the Internatio­nal Women’s Day event of the United Nations Conference on Trade and Developmen­t in Geneva, Switzerlan­d.

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