Smart, sustainable maritime transport critical to global recovery: UNCTAD

Although the COVID-19 pandemic’s impact on maritime trade last year was less severe than expected, the knock-on effects will be far reaching and could transform the sector, the UN trade and development body, UNCTAD, said in its latest report, published on Thursday.

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COVID-19 impact on tourism could deal $4 trillion blow to global economy: UN report

30 Jun 2021

The impact of the COVID-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a report issued jointly with the UN World Tourism Organization (UNWTO).

‘Rapid deterioration’ in global investment flows as Coronavirus spreads: UN trade body

26 Mar 2020

Foreign direct investment flows are liable to drop by 30 to 40 per cent during 2020, into next year, due to the ongoing COVID-19 pandemic, reflecting a far more severe economic blow that initially projected, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday in its latest Investment Trends Monitor report.

A few ‘green shoots’, but future of global trade remains deeply uncertain

21 Oct 2020

Although global trade is making a frail recovery, the outlook remains uncertain, UN trade and development body UNCTAD said on Wednesday, in announcing its latest COVID-era update.