Managing Risk and Facilitating Trade in the COVID-19 Pandemic

doi:10.1596/33515

Publication:
Managing Risk and Facilitating Trade in the COVID-19 Pandemic

dc.contributor.author	World Bank
dc.date.accessioned	2020-03-31T20:52:26Z
dc.date.available	2020-03-31T20:52:26Z
dc.date.issued	2020-03-30
dc.description.abstract	Maintaining trade flows as much as possible during the COVID-19 pandemic will be crucial in providing access to essential food and medical items and in limiting negative impacts on jobs and poverty. Some countries are closing border crossings and implementing protectionist measures such as restricting exports of critical medical supplies. Although these measures may in the short-term provide some immediate reduction in the spread of the disease, in the medium term they may undermine health protection, as countries lose access to essential products to fight the pandemic. Instead, governments should refrain from introducing new barriers to trade and consider removing import tariffs and other taxes at the border on critical medical equipment and products, including food, to support the health response. Trade facilitation measures can contribute to the response to the crisis by expediting the movement, release, and clearance of goods, including goods in transit. The World Bank Group provides guidance and technical assistance to developing and least developed countries to implement best practices to facilitate the free flow of goods. This note provides initial guidance on measures: to support business continuity and protection of front-line officers, and to facilitate safe cross-border trade, which includes (i) handling of relief/emergency consignments, (ii) enhanced use of risk management, safe processing of risk passengers and (iii) increased internal and external border agency collaboration.	en
dc.identifier	http://documents.worldbank.org/curated/en/751981585606039541/Managing-Risk-and-Facilitating-Trade-in-the-COVID-19-Pandemic
dc.identifier.doi	10.1596/33515
dc.identifier.uri	https://hdl.handle.net/10986/33515
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Trade and COVID-19 Guidance Note;
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	CORONAVIRUS
dc.subject	COVID-19
dc.subject	TRADE POLICY
dc.subject	TRADE FACILITATION
dc.subject	BUSINESS CONTINUITY
dc.subject	BORDER AGENCIES
dc.subject	CROSS-BORDER COLLABORATION
dc.subject	SAFE BORDER TRADE
dc.subject	RISK MANAGEMENT
dc.subject	HEALTH CRISIS
dc.subject	OCCUPATIONAL HEALTH AND SAFETY
dc.title	Managing Risk and Facilitating Trade in the COVID-19 Pandemic	en
dc.type	Policy Note	en
dc.type	Document de politique générale	fr
dc.type	Documento de políticas	es
dspace.entity.type	Publication
okr.crossref.title	Managing Risk and Facilitating Trade in the COVID-19 Pandemic
okr.date.disclosure	2020-03-30
okr.doctype	Economic & Sector Work
okr.doctype	Economic & Sector Work::Policy Note
okr.docurl	http://documents.worldbank.org/curated/en/751981585606039541/Managing-Risk-and-Facilitating-Trade-in-the-COVID-19-Pandemic
okr.guid	352021586441180870
okr.guid	430231587377960726
okr.guid	751981585606039541
okr.guid	524701587378252703
okr.guid	583641588188809319
okr.identifier.doi	10.1596/33515
okr.identifier.externaldocumentum	090224b08780973d_2_0
okr.identifier.internaldocumentum	31912251
okr.identifier.report	147184
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/751981585606039541/pdf/Managing-Risk-and-Facilitating-Trade-in-the-COVID-19-Pandemic.pdf	en
okr.topic	Health, Nutrition and Population::Disease Control & Prevention
okr.topic	Health, Nutrition and Population::Public Health Promotion
okr.topic	International Economics and Trade::Customs and Trade
okr.topic	International Economics and Trade::Trade Policy
okr.topic	International Economics and Trade::Trade and Labor
okr.topic	Social Protections and Labor::Work & Working Conditions
okr.unit	EFI-MTI-TIC-Trade and RI (ETIRI)