Commercial Diplomacy

Commercial diplomacy is the practice where governments actively support and promote their country's businesses in international markets. This includes negotiating trade agreements, removing barriers, providing market information, and fostering relationships with foreign governments and companies. The goal is to create favorable conditions for national companies to sell goods and services abroad, boost economic growth, and enhance competitiveness. Essentially, it’s about the government working behind the scenes to help businesses succeed globally, ensuring that a country’s economic interests are advanced through strategic international engagement.