Interesting paper on the effect of Rules of Origin on Preferantial Trade Agreements.
This paper from Karin Gourdon and Jaime de Melo on the effect of Rules of Origin on Preferential Trade Agreements is published in the World Trade Review issue in honour of Alan Winters.
Results display wide heterogeneity across different categories of PSRs attached to preferential margins, with more flexible PSRs associated with a significantly stronger trade effect compared to more restrictive ones where exporters do not have a choice among PSRs or have to satisfy multiple PSRs. A simulation exercise reveals that a radical simplification reform leading to the adoption of flexible PSRs providing alternative choices to prove origin would have increased global trade under PTAs on average by between 2.7 and 4% during the sample period.
Read more here: Report
Source:WTO/CambridgeUniversity
We in Maersk are finalizing ECO Delivery deal with Amazon.The 2023-2024 agreement includes the transportation of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering.
This is the 4th consecutive year that Amazon and Maersk have arranged container shipping using low GHG fuel options.
“Amazon’s record of securing sustainable shipping over the years, no matter the business climate, is testament to its contributions to building a better future.
We share a common goal with Amazon to reduce our total GHG emissions to net zero by 2040. As cosigners of the Climate Pledge we must constantly create new opportunities to make this a decade of action. Decarbonizing shipping is one significant step that is to be combined with many others to protect our future,” said Narin Phol, President North America, A.P. Moller – Maersk.
We are proud to carry Amazon containers on board our first methanol-enabled feeder vessel currently sailing on her maiden voyage.
Discover more about ECO Delivery and the partnership in the full here: https://lnkd.in/eUua_NhA
In August my SoMe passed 350K followers. A new monthly record.
Thank you all for following and reading. Keep watching, more exciting news to follow. Soon.
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