Development cooperation project
Development cooperation project of the Estonian Chamber of Commerce and Industry „Developing Economic and Business Relations With Distant Developing Countries."
The framework project of the Estonian Chamber of Commerce and Industry (ECCI) is in its core directed towards supporting the development and sharing experience with the business communities of selected developing countries. It is funded by the Estonian Foreign Ministry’s Development Cooperation and Humanitarian Aid funds and therefore implemented in close cooperation with the Estonian Foreign Ministry (EMFA).
It consists of three main parts:
- hosting incoming delegations from developing countries
- visiting developing countries and
- organizing business forums to introduce the possibilities for investment and cooperation with certain developing areas.
Incoming delegations from selected developing countries are offered a tailor-made programme according to the business interests of the incoming delegation: they are offered site visits, meetings with relevant authorities/organizations, the possibility to introduce the business cooperation possibilities in their countries at a business seminar, B2B meetings matching their business profiles etc. The target group of a delegation are socially active members of the local business representation organizations, professional associations and/or clusters and key representatives of the government whose responsibilities include the development of the business environment.
Visits of Estonian business delegations to selected developing countries are mainly targetted at learning the cooperation possibilities of those countries – most of the delegations comprise of companies that wish to make an investment, find a partner for implementing joint business projects for mutual benefit or to find vendors of different products and materials that they need for their business.
The business forums are targetted at introducing the cooperation possibilities of certain developing areas (Africa, Latin America, Eastern Partnership countries etc). We invite speakers from different sectors and institutions in those areas/countries to introduce the possibilities. We also invite speakers from different international organizations (UNICEF, European Commission etc) to cover the possibilities of the private sector to participate in the development cooperation activities. In addition to that, Estonian companies share their experience in doing business in those countries, which is a valuable input for possible investors.
We believe that cooperation between the business communities of Estonia and the developing countries is of key importance to make their processes more efficient, which in turn helps the developing countries to grow and evolve.
Practical arrangements of hosting incoming delegations from developing countries
The programme offered to the delegation is free of charge for the delegation members. The ECCI will:
- propose a programme according to the business profiles of the companies: agree on meetings with relevant authorities/organixations and site visits, B2B meetings, organize a business seminar
- cover the costs for the seminar, accommodation, local transport, joint catering and other ad hoc costs that might occur
The costs that the delegation needs to bear themselves:
- plane tickets
- other travel costs (visas, insurance, per diems etc)
- single taxi fares and other small scale costs that may occur on the spot