While the term “globalization” is not much in vogue these days, the US industry and its supply-chain operators can hardly detach themselves from the enmeshed world’s economies and markets, highlighting the interdependence of the world economies and markets, and the importance of international networking.
Trade does indeed promote peace, as promulgated by many statesmen and thinkers, including former U.S. President Woodrow Wilson who in 1918 called for “the removal, so far as possible, of all economic barriers and the establishment of an equality of trade conditions” as part of his blueprint for world peace.
The global markets, which had faced a slowdown during the pandemic, are recovering and opening up to increased imports of textiles and garments, even though imports still remain below the pre-pandemic levels.
Decarbonization, Mexico’s USMCA role and Nippon Steel-U.S. steel merger figured prominently at GSDF 2024 Conference
As the Houthi attacks against merchant vessels in the Red Sea continue, with the latest Jan. 28 attack targeting a U.S. logistics support base in Jordan and a U.S. response expected to follow, importers, shippers and other stakeholders face nail-biting moments, unable to fathom what turn things would take the sea trade across this vital route.
AJOT correspondent Manik Mehta attending the AI New York 2023 Summit held at the Javits Convention Center got a glimpse of an AI future.
Though the intention of the World Trade Centers Association Member Forum, held in New York from October 15 to 17, was to have a meeting of its members, many international delegates also showed keen interest in developments taking place internationally in regard to trade, logistics, transportation, supply chains, etc.
DP World’s mega-container terminal at Port in Gujarat could boost external trade
During his four-day visit to New York in the third week of September, primarily, to participate in the 78th United Nations General Assembly (UNGA), Malaysian Prime Minister Anwar Ibrahim availed of his presence on US soil to pitch for Malaysia as an attractive investment site for US companies looking to diversify their production and other business operations in Asia.
eCommerce holds the promise of high growth in the coming years...
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