The future of global trade : UNCTAD announces first-ever Global Supply Chain Forum
GENEVA : In a world facing unprecedented challenges, the Global Supply Chain Forum (GSCF) 2024 is set to provide a crucial platform for leaders and experts to discuss the changing landscape of international trade and logistics.
WTO extends e-commerce customs duty moratorium despite opposition from developing countries
GENEVA : The 164 members of the World Trade Organization (WTO) have yet again agreed to maintain the current practice of not imposing duties on electronic transmissions until the 14th Ministerial Conference (MC14), scheduled
UN : Applying the law of the sea to protect International Shipping
LONDON : In recent decades, global shipping—carrier of 80 per cent of world trade—has faced numerous threats that challenge the long-established right to freedom of navigation for all merchant ships. Piracy, hijackings, armed robbery,
Impact to global trade of disruption of shipping routes in the Red Sea, Black Sea and Panama Canal – UNCTAD rapid assessment
GENEVA : This UNCTAD rapid assessment looks into the situation of interntional shipping amid disruptions that have the potential to reshape global maritime networks and reconfigure the world trading map. Two months into 2024,
Russia and Saudi Arabia pull up sagging engineering exports
NEW DELHI : Russia and Saudi Arabia are preventing a steep fall in exports of engineering goods from India. Thanks, at least partly, to these two countries, engineering goods exports this year are expected to exceed the achievement of
IMO Secretary-General sets fresh agenda for Maritime
LONDON : IMO Secretary-General Arsenio Dominguez shared the Organization’s plans and focus areas for the next four years, with the aim of ensuring safer, more secure and environmentally friendly shipping. Speaking at a press
UNCTAD : Red Sea conflict adds insult to global trade’s injuries
LONDON : UNCTAD has raised profound concerns over escalating disruptions to global trade. The Intergovernmental Body noted that recent attacks on ships in the Red Sea, combined with geopolitical tensions affecting shipping in the Black
India’s ambitious plans to boost Shipyard capacity declared at GMIS 2023
NEW DELHI : Shipowners seeking additional shipyard capacity should take note of India’s ambitious plans. Although currently outside the top 10 shipbuilding nations with a market share of less than 1%, India aims to