brexit versus free trade | large effects for supply chain management
TRANSCRIPT
BREXIT VERSUS FREE TRADE | LARGE EFFECTS FOR SUPPLY
CHAIN MANAGEMENT
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THE IMMEDIATE RESULT
@XENETA_AS
ABOUTXENETA
At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta.
With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution to these challenges.
WE ARE TRANSFORMING GLOBAL LOGISTICS
ARE YOU PAYING THE RIGHT CONTAINER
FREIGHT RATES?
DISCOVER SAVINGS POTENTIAL IN REAL
TIME.
CONTACT US.
LED BY QUEEN VICTORIA 150 YEARS AGO, PAX BRITTANICA AND FREE TRADE ENABLED GREAT BRITAIN TO GOVERN SOME 25% OF THE WORLD’S POPULATION; HOWEVER LAST THURSDAY, THE WORLD’S 5TH LARGEST ECONOMY VOLUNTARILY WITHDREW FROM THE WORLD COMMUNITY.
BOTH THE EU AND UK’S SUPPLY CHAIN WILL BE DEEPLY AFFECTED
BY THIS VOTE.
THIS DECISION CREATES FRAGMENTED AGREEMENTS WHICH
NOW NEED TO BE PUT IN PLACE WITH ALL COUNTRIES. EFFICIENCY IN FREE TRADE WILL PERHAPS NOT
BE SO SIMPLE ANY MORE.
ECONOMIC CARNAGE
STOCK MARKETS PLUNGED WORLDWIDE
THE BRITISH POUND DROPPED TO A 31-YEAR LOW
POLITICAL EXTREMISTS MARIE LEPEN AND DONALD TRUMP EXULTED IN THEIR POTENTIAL ABILITY TO BUILD NEW WALLS
THE IMMEDIATE RESULT
THIS IS A SAD DAY FOR EUROPE AND BRITAIN.
- GERMAN FOREIGN MINISTER FRANK-WALTER
THE UK NOW NEEDS TO SIGN NEW TRADE TREATIES WITH VIRTUALLY EVERY COUNTRY WORLDWIDE.
WHAT DO WE KNOW, OTHER THAN THE
UK’S TRADE LINKS WITH EUROPE WILL
BE AT THE FOREFRONT OF
THEIR EXIT NEGOTIATIONS WITH
THE EU?
DON'T REBUFF TRADE TREATIES
WHILE MANY DISMISS TRADE TREATIES AS POLITICAL PUBLIC RELATIONS, THESE TREATIES DETERMINE THE AMOUNT (IF ANY) OF IMPORT DUTY WHICH HELPS DETERMINE IF TRADE IS POSSIBLE BETWEEN SPECIFIC COUNTRIES.
FOLLOWING THE UPCOMING US ELECTION, BRITAIN MIGHT FIND ITSELF ATTEMPTING TO NEGOTIATE A NEW TRADE DEAL WITH AN ANTI-TRADE DONALD TRUMP AND A BITTERLY DIVIDED US CONGRESS.
LEAVING THE EU PUTS BRITAIN IN THE SAME TRADE CATEGORY OF NOW FELLOW NON-EU STATES ALBANIA AND SERBIA, BOTH OF WHOSE BEST KNOWN EXPORTS, UNFORTUNATELY, ARE ORGANIZED CRIME AND YOUNG PROSTITUTES.
SHIPS WILL SAIL, BUT ARE EXPORTS
AT RISK?
SCOTTISH FIRST MINISTER NICOLA STURGEON CALLED FOR A PLEBISCITE ON SCOTLAND’S INDEPENDENCE. NORTHERN IRELAND ALSO VOTED “REMAIN;” BREXIT PUTS THEIR EU EXPORTS AT RISK, AND NEITHER SCOTLAND OR N. IRELAND FIND A POTENTIAL LOSS OF JOBS TO BE ACCEPTABLE,
BOTH THE EU AND UK’S SUPPLY CHAIN WILL BE DEEPLY AFFECTED BY THE VOTE. JOBS, TRADE AND INVESTMENT WILL BE NEGATIVELY IMPACTED; THE ONLY QUESTION IS BY HOW MUCH AND WHEN.
YES, SHIPS WILL CONTINUE TO SAIL, AND GOODS WILL CONTINUE TO SHIP; THE BIG QUESTION IS HOW MUCH BREXIT RESTRICTS TRADE AND INTERNATIONAL BUSINESS VOLUME.
LEARN HOW XENETA CAN HELPYOU GET INSIGHT AND
INTELLIGENCE INTO YOUR GLOBAL OCEAN FREIGHT PRICES AND CHANGE YOUR LOGISTICS
BUSINESS:
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