A new partnership to promote women’s economic empowerment through exporting was announced earlier. Global logistics leader UPS is collaborating with the United States Agency for International Development (USAID) as part of the White House’s Women’s Global Development and Prosperity Initiative (W-GDP).
A Memorandum of Understanding (MOU) was executed and signed by UPS Chairman & CEO David Abney and USAID Administrator Mark Green.
Abney said during the event, “UPS is proud to be a partner in the White House’s W-GDP initiative.”
The new alliance has three major objectives:
- Training and workforce development Provide training to have in-depth knowledge of supply-chain processes, customs regulations, international trade agreements, and export-related opportunities.
- Promotion of entrepreneurship Assist in identifying market-access opportunities in entrepreneurs home countries and be present in high-demand industries that match entrepreneurial skills and situations.
- Creation of an enabling environment
- Identify and address regulatory obstacles that unduly inhibit female exporters.
Since last year, UPS and the UPS Foundation have been involved with women entrepreneurs. The Women Exporters Program was launched and a partnership with the International Trade Centre’s SheTrades Initiative was established. Both are intended to make businesswomen exporter savvy and connect with clients worldwide.
UPS also sits on the board of WEConnect International. UPS generously supported the company’s supplier diversity strategy and women-owned businesses to the tune of $600 million. Going global is the next step.