The main objective of international trade facilitation is to help streamline and reduce the cost of cross-border trade, while ensuring its safety and security, summarizes the United Nations Economic Commission for Europe (UNECE). Bureaucratic delays and cumbersome formalities represent a burden for merchants involved in cross-border merchandise trade.
Almost 70% of world trade is carried out through global value chains (GVCs), the United Nations Conference on Trade and Development (UNCTAD) reported on Wednesday. In general, in GVCs production crosses at least one border, and generally many borders, before final assembly. Growth in global GVC-related trade has
A total of 73 countries highlighted bans or restrictions on the export of face masks, used to face the worldwide Covid-19 pandemic, according to data from the World Trade Organization (WTO). The use of masks helps to reduce the transmission of respiratory viruses, including the coronavirus, but its
People with diabetes are twice as likely to have a serious illness or die, and 28% of cancer patients who got Covid-19 died, compared to 2% of patients overall, the Organization reported. Pan American Health (PAHO). Smoking also increases the likelihood of serious Covid-19 disease. PAHO Director Carissa
Imports of Personal Protective Equipment (PPE) from the United States totaled $ 1.85 billion in 2019, according to data from the International Trade Commission (USITC). PPE covers equipment, parts, or devices that prevent a person from having direct contact with the hazards of hazardous environments, which can lead
Spain’s footwear exports totaled 3,373 million dollars in 2019, ranking among the top 10 exporters of this sector in the world. Spain sells high quality products in this industry and all its main markets are in Europe and the United States. However, the importance of China as a