COVID-19 and its impact on shipping and port sector in Asia and the Pacific

COVID-19 and its impact on shipping and port sector in Asia and the Pacific

Date: 
Friday, October 2, 2020
Type: 
Public information and advocacy materials
Abstract

The COVID-19 Pandemic calls for a multi-sectoral response in Asia and the Pacific to protect people and enhance resilience, support economic recovery and restore supply chains and support SMEs. Shipping and ports are a major part of such a response. For most countries in Asia and the Pacific, shipping represents a doorway to global economy. In many cases, especially in SIDS, shipping is a lifeline linking local communities to the regional and global markets and sustaining local social and economic development. Continued and efficient shipping and port operations are, therefore, crucial both for short term policy response to the Pandemic and for speedy and sustainable recovery.

In this context, the current policy brief focuses on the impact of the pandemic on the shipping and port industry and the policy responses on COVID-19 in Asia-Pacific. It also considers the specific vulnerabilities of the Pacific islands. In its conclusion, the brief offers policy recommendations on shipping and port sector in the COVID-19 context.

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ShippingPoliyBrief-16Oct2020-FINALDownload