Covid-19 outbreak has significantly impacted International Trade performance
written by: Arienal Haq (XI IIS 1)Covid-19 outbreak has significantly impacted International Trade performance
The Covid - 19 pandemic had a major impact on International Trade, In my opinionThis pandemic has made the whole world feel a very bad situation, all people feel the impactnot only makes humans sick but also has affected other large sectors which one sector isinternational trade.
This pandemic does indeed only attack living things but its impact affects upto large sectors, one of which is international trade. Managing Director of the InternationalMonetary Fund Kristalina Georgieva said the corona virus pandemic created a severeeconomic crisis. Even worse than the 2008 global financial crisis."Never in history have wewitnessed a world economy stalled," Georgieva said at a press conference at the WorldHealth Organization headquarters in Geneva, Switzerland. In this situation human safety isthe most important factor, and we must face this crisis because human safety is also verydependent on the economy as well. For example according to Chairman of the IndonesianVegetable and Fruit Exporters Association, Hasan Johnny Widjaja, since there was newsabout the Corona Virus, buyers in China immediately stopped buying. In conclude many ofthe international trade sectors were affected by the Covid -19 pandemic.
In conclusion, this pandemic has attacked various sectors of life, from the safety ofliving things to International Trade, because what the pandemic is attacking is the wholeworld, at the beginning of this year the whole world felt something very unexpected, "This isthe darkest period of humanity, a huge threat to the whole world and it requires us to standtall, unite and protect our citizens the most vulnerable. " he said again, as reported by CNBC
This pandemic does indeed only attack living things but its impact affects upto large sectors, one of which is international trade. Managing Director of the InternationalMonetary Fund Kristalina Georgieva said the corona virus pandemic created a severeeconomic crisis. Even worse than the 2008 global financial crisis."Never in history have wewitnessed a world economy stalled," Georgieva said at a press conference at the WorldHealth Organization headquarters in Geneva, Switzerland. In this situation human safety isthe most important factor, and we must face this crisis because human safety is also verydependent on the economy as well. For example according to Chairman of the IndonesianVegetable and Fruit Exporters Association, Hasan Johnny Widjaja, since there was newsabout the Corona Virus, buyers in China immediately stopped buying. In conclude many ofthe international trade sectors were affected by the Covid -19 pandemic.
In conclusion, this pandemic has attacked various sectors of life, from the safety ofliving things to International Trade, because what the pandemic is attacking is the wholeworld, at the beginning of this year the whole world felt something very unexpected, "This isthe darkest period of humanity, a huge threat to the whole world and it requires us to standtall, unite and protect our citizens the most vulnerable. " he said again, as reported by CNBC