GVCS

• NEW YORK, Oct. 12, 2022 /PRNewswire/ -- The World Trade Centers Association (WTCA) a global network connecting over 300 World Trade Center (WTC) locations in nearly 100 countries hosted World Trade Center businesses across Latin America for the "Point WTC Guadalajara 2022: Logistics Challenges in Latin America / WTCA Latin America Regional Meeting" on September 22-23, 2022 to discuss the challenges and opportunities facing logistics operations in the Americas.
• It is a situation that all companies must take advantage of, but especially small- and medium-sized enterprises (SMEs), which are the largest generators of employment in Latin America.
• This partnership will help further drive corporate investment and trade opportunities for U.S. companies seeking to increase exports and imports.
• "This seminar furthered the WTCA's goal to help local economies across the globe and greatly amplified our WTC brand value proposition in the world of logistics."

• Colombian tech companies expedite expansion into the North American market through a new pilot program supported by Martal Group and the Government of Medelln, Colombia.
• This strategic partnership with help Medellin-based tech companies expand into the North American market and overcome common challenges Colombian businesses face when developing overseas opportunity funnels.
• Founder and CEO of Martal Group, Vito Vishnepolsky stated, "Martal Group has proven to be a great alternative for government entities supporting local tech companies outside the US.
• About Martal Group :For over a decade, Martal Group has specialized in B2B lead generation for tech companies worldwide.

• b'The electrical and electronics (E&E) industry is characterized by internationally fragmented but well-integrated production networks with geographically extensive and highly modular value chains, which provide opportunities for ASEAN countries to easily participate in the E&E value chain, according to the study by the ASEAN-Japan Centre, entitled Global Value Chains in ASEAN: Electronics, issued in March 2021.
• This is the 14th report of the 16-paper series of ASEAN global value chain (GVCs) by AJC.\nThis press release features multimedia.
• The contradictory trends are explained by higher regional production capacity and well-established regional production networks.\nWith different areas of specialization, ASEAN has become an attractive and important hub for the E&E industry.
• The region hosts an extensive range of E&E production along the value chain, ranging from labour-intensive and simple activities such as assembly and testing to capital-intensive tasks such as component design and research and development.\nTo view and download the report, please visit the AJC website as below.\n'

• Prepared by Simone Cigna and Lucia Quaglietti This boxassesses the economic effects of the coronavirus (COVID-19) pandemic as transmitted through global value chains (GVCs).
• The world economy is facing an unprecedented shock and, as the impact of the pandemic unfolds, world trade will be particularly hard hit.
• This box analyses the role of GVCs in the pandemic with a view to quantifying the ensuing effects on world trade.
• World trade has been falling sharply on the back of the COVID-19 pandemic, with value chains hit globally.
• COVID-19 has struck value chains in Asia, Europe and the Americas, raising the risk of a domino effect with feedback loops that could amplify the collapse in global trade.

Chart B Chinese exports of intermediate goods (annual percentage changes)

• Although the expansion of GVCs has stalled since the 2008 global financial crisis, trade in intermediate goods remains important, accounting for more than 40% of world trade.
• This has significant implications for the relationship between demand, trade, and production.
• However, in a world characterised by complex international supply chains, changes in demand in third countries are also an important determinant.
• On average, more than 20% of world imports serve as inputs in domestic production processes and are embedded into goods which are subsequently re-exported.
• The propagation and amplification effect of demand shocks associated with the pandemic can be gauged through global input-output tables.
• Chart C presents estimates of amplification effects generated through supply chain linkages as percentages of the fall in trade occurring through the direct channel.
• However, as the global economy recovers in the coming quarters, GVC linkages could boost world trade.
• In the June 2020 Eurosystem staff macroeconomic projections, global trade is expected to rebound faster than global activity.