STATE OF THE REGION 2022-2023

20.500.12592/8b7kxp

STATE OF THE REGION 2022-2023

13 Nov 2022

An example of this is in the travel industry with the closure of airspace over Russia and Ukraine adding in some cases 4 hours to flights.16 The routes most affected are the transpacific flights between the United States and Northeast Asia, and Eurasian flights between Northern Europe and most of Asia.17 However, the development of the Belt and Road rail links have remained strong with the transpo. [...] APEC members acknowledged the critical role that services play in the movement of essential goods and distribution of vaccines in their Statement in 2021 and committed to work together to facilitate the supply of services to support the movement of essential goods.29 The Box section is an in-depth discussion on the role that logistics play in supply chains and suggests ways that the region can coo. [...] Regional views on importance of essential services and logistics-related services 30 In the views of the respondents to the SOTR survey, logistics has played an outsized role in the impact on trade flows in the region during the Covid-19 pandemic. [...] Looking at overall priorities for APEC, putting in place an initiative to improve the delivery of logistics services in the region came in just short of the top 5 out of 20 competing issues in terms of what respondents felt should be the top priorities for APEC Leaders to address at their coming meeting in November 2022, roughly at the same level as the recovery of the tourism sector and the promo. [...] Even by the time APEC Leaders agreed on the vision of the FTAAP in 2010, the US had announced its desire to join the P4 and discussions were under way to consolidate the ASEAN Plus agreements that had emerged in the interim.
Pages
81
Published in
Singapore