1. New UN Global Report: TFA Implementation
A new UN report shows that just over half of the ambitious measures for cutting red tape for global trade have been implemented and the disparity in progress between developed and developing economies still exists.
The report comes with rich statistical material and spreadsheet that can be used in assessing each country’s achievements in crucial area of business.
2. UNCTAD Annual Report 2014
UNCTAD initiated the Geneva Dialogues in 2013 as an open dialogue platform for new ideas to be put on the table, including to feed the overall sustainable development goals process. This is one of the successful accomplishments highlighted in their report.
For developing countries to fully reap the benefits of sustainable development goals, we need to transform economies by strengthening productive capacities, shifting local production towards higher value activities, diversifying the economic base and changing investment patterns. For more details please visit: http://unctad.org/en/pages/PublicationWebflyer.aspx?publicationid=1377
3. UNCTAD experts discuss sustainable transport
UNCTAD: "Without transport, trade would come to a halt--and with it, the global economy. Making air, road, rail and maritime transport more cost-effective and efficient is therefore a priority for economic growth and integration.
But given freight transport's impact on the environment, mainly in the form of greenhouse gas emissions, the sector must at the same time reduce its carbon footprint."
Read more on this crucial debate here:
4. Shipping and aviation emissions back in the COP 21 draft agreement
The shipping and aviation industries emissions are back in the draft COP 21 agreement following a meeting of negotiators in Bonn last week. Shipping dropped earlier in October, and praising the decision to re-include the industry along with aviation EU sustainability lobby group Transport & Environment has called for a "clear signal" to these sectors.
To read more please visit:
5. Pakistan Ratifies WTO Pact on Border Trade
Pakistan ratified the World Trade Organization's Trade Facilitation Agreement with Pakistani Prime Minister Nawaz Sharif's approval. The agreement helps facilitate border trade, and Pakistan is the 51st state to ratify it. For more information please visithttps://www.wto.org/english/news_e/news15_e/fac_27oct15_e.htm
6. Sustrail: developing a new generation of freight rolling stock
Sustrail, a European Commission-funded project, aims to develop the next generation of freight rolling stock. Its core targets are to cut the damage to tracks by up to 50% and generate a 40% boost in demand for rail freight in Europe by 2030. Launched in June 2011 with €6.6m in funding from the European Commission (EC), Sustrail is a collaborative project, encompassing 29 partners, including universities and industry specialists. Using a holistic approach, those involved hope to kick-start an era of modal shift across Europe. For more information please visit: http://www.sustrail.eu/
7. Ethiopia: Shipping Lines, Logistics Report Success
Ethiopian Shipping Lines & Logistics Services Enterprise (ESLSE) reported a successful 2014/15 fiscal year when it transported more containers than it had planned. It also announced that it reduced rent charged for containers starting on October 12, 2015.
The Enterprise used own and rented vessels last year to carry 142,724 twenty-foot equivalent unit (TEU) containers, up from the 137,823 it had planned. To read more please visit: http://allafrica.com/stories/201510261034.html
8. Poland eyeing to cooperate with Iran in road construction
Poland has enormous achievements in road and railroad construction, and it would like to share its experience with Iran, the Polish chairman of the Inland Transport Committee at the UN Economic Commission for Europe (UNECE), Jerzy Kleniewski, said.
Addressing the Iran Transportation and Urban Development Summit, Kleniewski said he is looking forward to future cooperation and coordination through Iranian and Polish embassies in Warsaw and Tehran to arrange related projects in the post-sanctions era, Trend correspondent reported from Tehran Oct. 4. To read more please visit: http://en.trend.az/iran/business/2440112.html
9. U.S. Business Groups Examining Port Efficiency Consequences, Options
The significant cargo backlog that resulted from the U.S. West Coast ports labour negotiations and slowdown in 2014 and early 2015 encouraged businesses and trade groups to consider how to protect their interests in future years. The combination of container backlog and slowly increasing demand is causing congestion at ports and terminals, leading to disputes over detention and demurrage charges and fights between shippers, carriers, and terminal operators. Trade groups such as the National Retail Federation and Transportation Intermediaries Association are examining all options for Congressional or regulatory relief. including a possible petition to the Federal Maritime Commission for guidance on what constitutes reasonable practices at ports in regards to charges and penalties.
TIA's International Logistics Conference monitors U.S. ports issues and is the liaison between TIA and FIATA.
30 October 2015