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Suez Canal Authority

Suez Canal cargo ship is afloat - but it’s not plain sailing for global economy

The gigantic cargo ship that ran aground and blocked the Suez Canal last week is afloat once again after a Herculean salvage operation, but the damage to global trade will take months to fix.

That’s the assessment of maritime expert Jan Hoffman at UN trade and development agency UNCTAD, who also explains why the cost of sending freight around the world has increased dramatically during the COVID-19 pandemic.

Here he is, talking to UN News’s Daniel Johnson.
 

Audio
10'48"

International trade must be more inclusive

If international trade is to comply with the new global development agenda, it must be more inclusive and compatible with the needs of the natural environment.

That’s according to Arancha Gonzalez, Executive Director at the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization based in Geneva, Switzerland.

Ms Gonzalez is at UN Headquarters in New York for this weekend’s summit on the Sustainable Development Goals (SDGs).