Engineering and technology company, Bosch, and Gemini, a global leader for sourcing and distributing recyclable and reusable materials, have become the latest multinationals to join the Global Alliance for Trade Facilitation as business partners.
Bosch and Gemini join 27 other global companies including some of the world’s largest manufacturers, retailers and logistics firms. All partners have committed to lending their skills and expertise to Alliance projects which help developing and least-developed countries improve the ease of cross-border trade and unlock inclusive economic growth.
With 440 subsidiaries, 245 production plants across Europe, Asia, North and South America, Africa and Australia and a product range that is used in almost every country in the world, Bosch has an extensive foreign trade network and specialist expertise that can add value to the Alliance’s work. The company has been involved in supporting development through trade facilitation for several years and has played a role in other initiatives in Brazil, Serbia and Morocco among others. Bosch’s team in Nigeria has recently been supporting the scoping and development of an Alliance project there.
Michael Kistner, Director Consulting & Fundamentals in Bosch’s Process Management and Operations Foreign Trade organisation, who will coordinate Bosch’s involvement in the Alliance, said: “We are passionate about the World Trade Organization’s Trade Facilitation Agreement and its potential to contribute towards a more open and inclusive world market. As a company we want to create products that enhance quality of life – and that same mission applies to our support for international development through trade. Because our products touch almost all business fields and markets, we do not represent niche interests and want to work to improve the whole business environment.
“Joining the Alliance is also a great opportunity for our staff, particularly our growing organisation in Africa. Lending their skills and expertise to Alliance projects can give our young team the opportunity to interact with their peers in other companies and work hand-in-hand with government officials to deliver reforms that can benefit all.”
The Gemini Corporation is one of the leading recycling companies and market makers in the global circular economy, managing two million tons of raw materials annually in 27 countries. The company’s activities include the sourcing, recycling and distribution of reusable plastics, paper, metal and rubber. Gemini collects over 300,000 tonnes of recyclable plastics from over 400 locations in 24 countries, for reprocessing at over 150 plants in 35 countries. As a result, Gemini exports over 100,000 TEUs (Twenty-feet Equivalent Unit) per annum of materials to and from more than 90 countries. The company, therefore, has tremendous insight into global trade and the procedures and controls governing the movement of goods across borders.
Gemini’s Chairman, Surendra Patawari states, “We are proud to join the Global Alliance for Trade Facilitation and contribute to its important mission. Together we will work diligently towards a circular economy, to ensure waste trade is more efficient and economic. Our goal is to increase the rate of recycling by 40% within the next five years, particularly in developing countries. By taking advantage of global trade, resources are better utilised and goods are economically transported, resulting in inclusive growth across the globe.”
Philippe Isler, Director of the Global Alliance for Trade Facilitation, said: “Bosch and Gemini joining our growing Alliance demonstrates the commitment of the private sector to supporting countries to implement the TFA and spur development, and we hope it incentivises more businesses to step up and play their part. Both companies bring extensive networks of global and local businesses, including many SMEs, and experience in facilitating trade that will help us ensure our reform projects are guided by international best practices.”