EU and China agree on pilot program to improve supply chain security
This sounds promising:
The European Union and China have announced plans to introduce “smart and safe” trade lanes in a bid to enhance trade while countering the threats of piracy and terrorism.
The scheme will begin with pilot projects between Britain and China and the Netherlands and China, covering all sectors but focusing at the outset on sea containers coming in and out of Shenzhen in southern China.
——————————————————————–
EU-China trade has boomed in recent years, reaching an estimated 200 billion euros (256 billion dollars) last year.The EU has become China’s biggest trading partner while China is now the EU’s second-largest trading partner after the United States, according to the European Commission.
Comments
Subscribe to our free monthly newsletter to have the latest 3PLwire articles delivered directly to your inbox. Just enter your email below:Tell us what you're thinking...