Les Voyageurs by Sculptor Bruno Catalano
The sculpture is dedicated to immigrants leaving their homeland… with emptiness inside and going nowhere.
Our cities are full of majestic monuments, stunning sculptures, and artistic statues, each having a story to tell. Thousands of them have been made, but only a few are extraordinary and picture-worthy.
Here are a few:
See More: 25 Of The Most Creative Sculptures And Statues From Around The World
Source: Architecture & Design
Policymakers have divergent views on many trade issues. But the goal of bringing more people to trade is broadly shared. The reason is clear: trade offers a path to prosperity. Making trade faster, easier and less costly can help.
The Trade Facilitation Agreement (TFA) entered into force on 22 February 2017 and applies to the WTO members that have accepted it (WTO members TFA list).
Read Anabel González, Deputy Director Generalmof the World Trade Organization (WTO) latest blog on what next on trade facilitation to make trade more inclusive. Read it here: Blog
India climbed up six places in the World Bank’s Logistic Performance Index 2023, as investments in soft and hard infrastructure as well as technology helped the country improve its port performance.
India is now ranked 38 in the 139 countries index, up from 44 in 2018.
The 2018 report ranked each country separately. “The government of India has invested in trade-related soft and hard infrastructure connecting port gateways on both coasts to the economic poles in the hinterland,” the report said.
While India’s rank slipped in customs performance to 47 from 40 in 2018, it moved five places in infrastructure to 47 from 52.
It was ranked 22 for international shipments in 2023 from 44 in 2018 and moved four places up to 48 in logistics competence and equality. In timelines, the country witnessed a 17 place jump in rankings, whereas it moved three places in rank in tracking and tracing to 38.
Modernisation and digitalisation was quoted as a reason for emerging economies, like India, to leapfrog advanced countries, according to the report.
The average dwell time for containers between May and October 2022 was three days for India and Singapore, much better than some of the industrialised countries, according to the report. The dwell time for the US was seven days and for Germany was 10 days.
“End-to-end supply chain digitalisation, especially in emerging economies, is allowing countries to shorten port delays by up to 70% compared to those in developed countries,” the release said.
“Moreover, demand for green logistics is rising, with 75% of shippers looking for environmentally friendly options when exporting to high income countries,” it added.
“While most time is spent in shipping, the biggest delays occur at seaports, airports, and multimodal facilities. Policies targeting these facilities can help improve reliability,” said Christina Wiederer, senior economist, World Bank’s Macroeconomics, Trade & Investment Global Practice.
Source:MaritimeGateway
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