City
Epaper

Cargo movement issues likely to stay as supply chains resume: ADB

By IANS | Updated: November 22, 2020 18:01 IST

Mumbai, Nov 22 As international trade gets back to normalcy with gradual lifting of lockdowns across countries, difficulties in ...

Open in App

Mumbai, Nov 22 As international trade gets back to normalcy with gradual lifting of lockdowns across countries, difficulties in cargo movement and clearance processes are likely to continue, said an Asian Development Bank blog post.

Emphasising the need for automations, the blog post said that although the South Asia Subregional Economic Cooperation (SASEC) countries have made progress in automation, there is still a need for physical interfacing and paper filings, which is difficult during the pandemic.

"Inadequate digitisation in many of the cross-border regulatory agencies, and lack of digital connectivity among these agencies, ports and terminal operators, and shipping lines further hindered the flow of cargo," it said.

"Automation of clearance processes, which should have played a greater role in helping cargo move seamlessly across borders, with limited need for human contact, affords an example of the gaps in trade facilitation progress," said the blog authored by Aileen Pangilinan and Satish Reddy.

It noted that the pandemic has underscored the importance of trade facilitation, particularly for responding to crises. The need to clear cargo expeditiously, with minimum physical interface and to maintain efficient supply chains has highlighted the need for an enhanced trade facilitation environment.

The pandemic has also highlighted the need to institutionalise business continuity protocols, cross-border pandemic management protocols, and workplace and staff safety procedures, as per the ADB blog post.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketChris Woakes Strikes Twice in First Over, Yashasvi Jaiswal and Sai Sudharsan for Ducks on Day 4 of ENG vs IND 4th Test (VIDEO)

Other Sports4th Test: Woakes double-strike leaves India in trouble after Stokes’ 141 guides England to 669

InternationalPM Modi, Maldives leaders observe special parade by Maldives Defence forces on Independence Day

AurangabadWoman-led startup turns banana tree pulp into biodegradable sanitary pads

InternationalPM Modi attends Maldives Independence Day celebrations as Guest of Honour

Business Realted Stories

BusinessStreax Professional Announces Hairstyle Icon 2025 With OMG Face Of The Year: Calling India's Hairstylists To Take Centre Stage

BusinessHow Animated Safety Videos Are Revolutionizing Workplace Training Across Indian Industries

BusinessStreax Professional Announces Hairstyle Icon 2025 With OMG Face Of The Year: Calling India’s Hairstylists To Take Centre Stage

BusinessVinFast Inaugurates Surat Dealership, Strengthens Nationwide EV Network

BusinessAegis PPF: Indian PPF Brand Leading the Global PPF Industry in Innovation