South-South and Triangular Industrial Cooperation (UNIDO, 2021)

By February 8, 2021 Publications

Countries of the Global South have contributed to more than half of the world’s growth in recent years and trade among these countries has reached an all-time high, accounting for more than a quarter of all world trade, while the outflows of foreign direct investment from the South represent a third of global investment flows.

The United Nations Industrial Development Organization (UNIDO) is the specialized agency of the United Nations mandated to support inclusive and sustainable industrial development (ISID) and international industrial cooperation. The Organization plays a pivotal role in providing a stimulus to South-South and triangular industrial cooperation (SSTIC) by bringing forward its expertise and time-tested field experience in support of industrial development in developing countries, particularly in LDCs. UNIDO has been working with governments, business associations and individual companies to overcome industrial development challenges for more than 50 years, earning a reputation as the world’s most experienced industrial problem solver, as well as a neutral and honest broker in promoting cooperation and coordination among countries around world. UNIDO is fully committed to contributing to the achievement of the SDGs, particularly Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

This publication focuses on the Organization’s work in the area of South-South and triangular industrial cooperation (SSTIC). The publication features 16 projects and good practices that can be replicated and scaled up and provides a representative cross-section of UNIDO’s SSTIC activities within the four priority areas of inclusive and sustainable industrial development: creating shared prosperity; advancing economic competitiveness; safeguarding the environment; and strengthening knowledge and institutions.

Learn more on the UNIDO website.