Saturday, 30 January 2021, 7:21 pm
Bangkok (
ESCAP news) – International trade and
investment, and resilient supply chains are indispensable
for recovery from the COVID-19 pandemic, high-level
delegates stressed this week at the Seventh Session of the
Committee on Trade and Investment convened by the United
Nations Economic and Social Commission for Asia and the
Pacific (ESCAP).
With the pandemic coming on top of
trade tensions among leading trading economies and many
countries already retreating to protectionism and
nationalism, the world has witnessed the worst economic
performance since the Great Depression of the 1930s. ESCAP
estimates that Asia and the Pacific lost $2.2 trillion in