Challenges of international trade in a global pandemic

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Date
2021
Journal Title
Journal ISSN
Volume Title
Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
The modern pandemic of the Corona virus (Covid-19) has affected both areas of economic activity, while at the same time affecting and victimizing the international trade in an unprecedented global health crisis, trade essential to save human lives and livelihoods. The global pandemic has led to an unprecedented disruption of world trade and a massive decline in production and services worldwide. To overcome the challenge of Covid-19, a crucial role is played by deepening international cooperation, coordination and solidarity between states. To mitigate the long-term negative impact, governments need to take a number of measures, including support for international trade. The purpose of this article is to analyze and highlight the industrial activities and issues that are necessary to support international trade.
Description
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Keywords
International Trade, Trade Policy, covid-19
Citation
VI International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2021, pp. 490-493
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