Maersk Joins Trade Facilitation Alliance
The Maersk Group joined the Global Alliance for Trade Facilitation (GATF), a multilateral group aimed at formalizing a framework for dialogue between businesses and world governments on implementing the 2013 WTO Trade Facilitation Agreement, the company said (here). Along with…
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the United Kingdom, Canada, Germany, Australia, and WTO, the group also includes private companies such as DHL, Walmart, and now Maersk. The shipping company said it believes its experts can offer local market insights, as 90 percent of all traded products are moved by sea. “When fully implemented, the WTO Trade Facilitation Agreement will represent an important step toward minimising supply chain barriers and reinvigorating global trade,” Maersk CEO Nils Andersen said in a statement. “By joining the Alliance with governments and partners, the Maersk Group will use its local expertise to support the implementation and stimulate local growth.”