City Of London

Commonwealth Targets $2 Trillion in Trade by 2030 Amid Expansion

  • Togo, Gabon increase Commonwealth membership to 56 nations
  • Heads of government met for first time since 2018 due to Covid

Logging trucks carrying Okoume wood leave the Ovindo national park near Makokou, Gabon.

Photographer: Amaury Hauchard/AFP/Getty Images
Lock
This article is for subscribers only.

Togo and Gabon officially joined the Commonwealth Saturday, continuing an expansion of the group of nations beyond ex-British colonies as smaller states seek to benefit from an association that could bring $2 trillion in trade by 2030.

Intra-Commonwealth trade already exceeds $700 billion, Patricia Scotland, the group’s secretary general, told reporters Saturday in Kigali, Rwanda’s capital.