The importance of global trade

Posted by katrinaparker on May 14, 2009
industry, multinational

Senior Vice President for Maritime Services MaerskLine Mr. Stephen Carmel started off the third and final day of the Joint Warfighting Conference with a plenary address. He spoke to the audience about the importance and global impact of trade.

“Trade is frequently cited as a force of peace and as a source of conflict. It is constructive to remember that the cause of World War I and II are routed in the discontinuous transport of information and technology. I feel it is worth exploring where trade and instability intersect. The world is complex now and operated in networks that can be hard to understand. Cyber attacks can seriously hurt military performances, and trading services is universally dependent on the global information system.”

Carmel let the audience know that his remarks are calibrated from his belief that the worlds economy will right itself quickly, but until then, opportunity arises in times of turmoil. He also spoke of the risks associated with import.

“The action and reaction associated with the nature of trade is likely to be non-liner. The U.S. must be more self-sufficient. Keeping a stable market is essential for success.”

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[...] The importance of global trade Posted by katrinaparker on May 14, 2009 Senior Vice President for Maritime Services MaerskLine Mr. Stephen Carmel started off the third and final day of the Joint Warfighting Conference with a plenary address. He spoke to the audience about the importance and global impact of trade. [...]

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