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Covid-19 And The New ‘Healthy Trade’ Paradigm
No country will accept a deal that is more about opening borders to goods, services, and people than about closing them quickly.
30 Mar 2020, 06:51 PM IST
Amidst the deadly COVID-19 pandemic, the world yearns for a return to normal. For international trade, there is no return to the status quo ante. Thanks to the coronavirus, international trade is in a new paradigm – Healthy Trade.No longer is free (or even managed) trade the metric to diagnose whether a trade agreement is hale and hearty. Forevermore, the standard is whether the rules of a deal allow countries to fight illness, immun...
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