"....an ambassador's job is government to government primarily, but it's also to be a commercial diplomat"
Amb. Anthony Harrington
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'In many significant offshore financial centres, specialist commercial judges exist where formal specialist courts do not'
The Hon. Justice L. Kawaley
Commercial Judge
Supreme Court,
Bermuda
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A large part of the foreign secretary's job is commercial diplomacy, a major part of foreign policy and should be done extremely well
- Vince Cable, UK Business Secretary
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Commercial diplomacy is an important component of the FCO's wider prosperity agenda, which brings together all the actions that it takes globally to support the UK economy
- Rt Hon. Lord Howell of Guildford
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*THE BASIC ROLE OF COMMERCIAL DIPLOMATS IN COMMERCIAL DIPLOMATIC SERVICE*
- The Commercial Diplomat is expected to understand the factors that must be considered in analyzing a policy issue in international trade, investment and commerce, and how the skills-based knowledge of commercial diplomacy can be applied. While practitioner's understanding of international trade policy process must cover the basic steps and the predominant actors in the process, including how to use commercial-judicial diplomatic skills and knowledge to formulate or influence the formulation of policies in international trade, investment and commerce.
- The practitioner's understanding of commercial-judicial diplomacy must cover the factors that must be considered in analyzing a policy issue in international trade, investment and commerce, and how the skills-based knowledge of commercial-judicial diplomacy can be applied.
- In the global trading system, the highly-skilled practitioner will be expected to be familiar with, and understand the history, nature, and scope of the WTO, and the structure for international trade, investment and commerce, and also, be able to analyse international trade, judicial and political issues. He will be expected to be able to define trade policy issues, covering the challenges, complexities, barriers, burdens and risks involved in defining the trade problem for policy action or negotiation.
- The practitioner shall be highly-skilled in the use of economic data, especially, in commercial diplomatic services, covering the analysis of the domestic economic impact of a trade policy measure, including the impact on prices, trade, production, productivity, wages, and consumer welfare using back-of-the-envelope calculations.
- The practitioner will be highly-skilled in analysing trade-related domestic policy, covering the identification and analysis of the domestic policies related to a trade problem and the reconciliation of domestic and international trade policy objectives and responsibilities.
- Also, in judicial analysis, covering the analysis of domestic laws and international trade rules that apply to an identified trade problem.
- The highly-competent practitioner will be able to determine what laws or trade rules can be invoked to solve an international trade problem, and whether a solution to the identified problem requires a change in a domestic law or regulation, or negotiation of a new international agreement or trade rule.
- He will be highly-skilled in political analysis, covering the identification of stakeholders, their interests, and their options for using the political process to influence the decisions of policy makers and trade negotiators.
- The practitioner will be familiar with the preparation and implementation of a successful strategy for achieving desired policy objectives.
- The practitioner will be efficient in providing the conceptual analytical framework for the analysis of a commercial diplomatic issue, trade problem, or trade policy goal and be advanced in the development of a research strategy for the obtaining of the data and information necessary to carry out a comprehensive analysis of an issue and be able to pull together the results of each element of the analysis into an Analytical Framework chart.
- In communicating the message, he will be able to use effective communication as a professional tool, which shall cover the preparation of written documents.
- The efficient practitioner will be effective in targeting an audience, representing the positions of an organization, and properly structuring and organizing each type of documentation.
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