The International Trade Centre (ITC) and logistics major DHL have signed an agreement to deepen their long-standing collaboration supporting SMEs, particularly women-led businesses, to trade across borders. It combines ITC’s expertise in market intelligence with DHL’s global logistics network and technical expertise.
The International Trade Centre (ITC) said disruptions to shipping through the Strait of Hormuz are weighing on global trade, exposing the vulnerability of supplies of energy and fertilisers to one of the world's busiest maritime chokepoints. LNG exports plunged 95%, while urea was down 83%.