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Showing posts from October, 2021

Trends That Will Be Shaping Global Trade Service in the Future

International trade has been the backbone of the global economy and commerce since the first time it broke through the scene. While things were going about smoothly, the coronavirus pandemic brought unforeseen disruptions in the world of global trade service . While supply had to be cut down following the global lockdown restrictions, demand also witnessed a proportionate drop. Manufacturers had a tough time making things work and staying afloat in these trying times. Despite all the chaos, trade didn’t get totally surrendered, thanks to how technology made adjusting to the new normal much easier than everyone could have imagined. While the world is on the road to recovery now, the focus has shifted to certain developments that have taken top accolades amidst this global revival. Better Trade Growth Abound A report from UNCTAD (United Nations Conference on Trade and Development) states that trade recovery after COVID-19 touched a new high in Q1 of 2021, which can be at