Goldman Sachs Exchanges
Global transit & trade: in rough waters
Mar 19, 2024
Exploring the risks of global transit and trade, the podcast discusses the impact of geopolitical tensions in the Red Sea and heightened maritime risks. Topics include threats in the Red Sea, Russia's naval activities, and regulatory disruptions in global supply chains. The conversation highlights the challenges faced by the maritime community and the evolving risks to international trade.
32:45
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Quick takeaways
- Maritime risks are rising due to great power competition and threats like terrorism and piracy.
- Protecting undersea infrastructures is crucial for global economy, collaboration among nations is essential.
Deep dives
Importance of Seas in Global Trade and Maritime Risks
The importance of oceans in shaping geopolitical power is discussed, highlighting the significance of sea routes for 95% of internationally traded goods. Global trade faces rising maritime risks due to great power competition involving nations like China and Russia. Various threats like terrorism and piracy further contribute to a heightened level of risk in maritime operations.
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