Commerce & Trade

Trade Infrastructure and Facilitation

• Improve ports, roads, and transportation networks to enhance trade efficiency.

• Streamline customs procedures to reduce delays and costs for businesses.

• Establish trade facilitation centers to support importers and exporters.

2. Support for Small and Medium Enterprises (SMEs)

• Provide financial incentives and funding opportunities for SMEs.

• Develop training programs to enhance business skills and competitiveness.

• Encourage entrepreneurship through access to microfinance and credit facilities.

3. Foreign Direct Investment (FDI) Promotion

• Create a favorable business environment to attract foreign investors.

• Establish investment promotion agencies to market Liberia’s trade potential.

• Ensure legal protections and incentives for foreign businesses.

4. Export Promotion and Market Access

• Support value-added processing and manufacturing to boost exports.

• Develop trade agreements to expand market access for Liberian products.

• Promote agricultural and natural resource-based exports.

5. Regulatory Framework and Policy Transparency

• Strengthen regulations to ensure fair competition and prevent monopolies.

• Improve transparency in business licensing and registration processes.

• Develop consumer protection policies to ensure fair trade practices.

6. Digital Trade and E-Commerce Development

• Encourage the adoption of digital payment systems and e-commerce platforms.

• Develop policies to protect online transactions and data security.

• Support ICT infrastructure to facilitate digital trade.

7. Regional and International Trade Integration

• Strengthen participation in ECOWAS and other regional trade blocs.

• Align trade policies with international trade standards and agreements.

• Promote cross-border trade with neighboring countries.

8. Agricultural and Industrial Trade Development

• Enhance support for agribusiness and agro-processing industries.

• Provide incentives for industrial development to reduce import dependency.

• Develop export processing zones to attract industrial investment.

9. Sustainable and Inclusive Trade Practices

• Promote environmentally friendly trade policies and sustainable business practices.

• Encourage gender and youth participation in trade and commerce.

• Support fair trade initiatives and ethical business practices.

10. Capacity Building and Workforce Development

• Implement training programs for trade professionals and business owners.

• Strengthen institutions responsible for trade policy implementation.

• Enhance research and development in commerce and trade sectors.