Internationa Trade.docx - Running Head International Trade New \u2018Strategic Plan\u2019 By Fairtrade International Institution affiliation Students Name

Internationa Trade.docx - Running Head International Trade...

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Running Head: International Trade New ‘Strategic Plan’ By Fairtrade International Institution affiliation Students Name Date
Fairtrade International Delegation New ‘Strategic Plan’ By Fairtrade International It is almost one year since the first case of the novel coronavirus, later named Covid-19 was discovered in China. The virus that became a global pandemic has affected almost all sectors of normal operation with economics being the most affected over the last one year. Both local and international trade has suffered imaginable loss due to the outbreak of the virus. Despite the challenges, life had to continue so as to business activities. In efforts to strengthen international trade, on 23 rd of November 2020, a fair trade international delegation met with Pope Francis where array of the activities undertaken by the delegation around the globe to support and promote fair trade among nations during the times of Covid-19. The delegation of five members’ states representatives from Luxembourg, Germany, Kenya, Mexico and Italy presented the five year global strategy and demonstrated the plans of the Fairtrade on achieving environmental and social justice for most of the world’s vulnerable populations[ CITATION Fai20 \l 1033 ]. Though the world’s economy is reprieving though at slower rate, countries and trade blocks are revising the terms of trades with new strategies to revamp agriculture and trade amidst the Covid-19 pandemic with the aim of supporting the developing countries overcome tough economic times.

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