New report assesses the impact of Finland's development cooperation on trade and investment
The Ministry for Foreign Affairs has published a new report examining the effectiveness of Finland's development policy and development cooperation between 2019 and 2025. The focus of the report has been to determine how Finland's investments have promoted trade and investment in developing countries.
The study specifically evaluated the results produced by development cooperation from the perspective of economic growth. The goal has been to better understand how Finnish expertise and support can strengthen local markets and create new opportunities for collaboration.
Development cooperation has traditionally focused on poverty reduction and the promotion of human rights. In recent years, however, the importance of economic sustainability has increasingly entered the discussion. This report provides important information on how public funds can support sustainable business and economic stability in target countries.
Based on the results, authorities can develop future practices to be even more effective. The report helps decision-makers understand which methods work best in strengthening commercial relations and how Finland can act as a responsible partner at the international level.
The ultimate goal is for Finland's development policy to better support both the development of target countries and the opportunities for Finnish companies to operate in global markets. The findings of the report will serve as a basis for future decisions as Finland outlines the priorities for its development cooperation in the coming years.