Key Factors Shaping World Trade and Global Logistics

摘要

By all accounts, 2016 will be a year in which major agreements and more open markets will shape world trade and increase the global logistics that move commodities to manufacturers, and finished goods into the hands of consumers virtually everywhere on the globe. From the Trans-Atlantic Trade and Investment Partnership (TTIP) and the Trans Pacific Partnership (TPP), to more open markets in Mexico and the lifting of sanctions in Iran, there is certainly a lot to watch out for as we move forward. By far, the biggest impacts on global trade and logistics will be the TTIP and TPP. Both of these agreements will affect massive portions of the global economy and include countries that are on all points of the development spectrum. Some of these are emerging economies that will benefit from both the lower cost importation of goods and increased opportunity as manufacturers and suppliers enter more mature markets.Then there are the mature economies, such as the U.S. and Western European countries, that will be able to access new markets with their own products.