Transport and trade connectivity in the age of pandemics
The COVID-19 not only poses a severe global sanitarian threat, it also represents a supply and a demand shock - both aspects influencing international trade in goods and services. The following paragraphs point out the main challenges in trade and transport as an aftermath of the pandemic. Spread prevention. Around 80% of global trade is transported by commercial shipping. Unfortunately, freight transport can contribute to the spread of the virus as it is not fully computerized. Both documents and goods continue to be subjected to physical checks for customs and other regulatory purposes. Staf…