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Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

The enforcements of draconian lockdowns, various economies have experienced severe shocks, adversely affecting global trade, global tourism & travel, International Aviation and Airports as well as International Shipping and Ports. Supermarkets, food suppliers, pharmaceutical and medical industries were the main beneficiaries.

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

This last item, rules of origin (ROO) is particularly significant as it means that a product can be shipped at the most preferential tariff rate to any of the 15 RCEP markets as long as it contains content produced in any one of these countries.

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