The Fashion-You

1May, 2022 | All you need to know about fashion world is here | Page no. 1 of 10

China’s Shang- The

hai city takes United

States and
measures the United
Kingdom re-
cently agreed to
to ensure collaborate further
on delivering prac-

smooth tical support for small

and medium enterprises
(SMEs), digitising bilateral

cargo trade in the modern economy,

building resilience in critical supply
chains, addressing the global trade
impacts of Russia’s invasion of Ukraine
Shanghai has been working to improve logistics efficiency and continuing to play and promoting innovation and inclusive
its role as an international shipping centre despite challenges induced by the economic growth.
resurgence of COVID-19 there. A slew of measures has been taken to en- UK secretary of state for international trade
sure smooth cargo flow, including services to enable more enterprises to Anne-Marie Trevelyan and United States Trade
transfer containers by water instead of road. Representative (USTR) ambassador Katherine Tai,
The city administration has been promoting contactless transporta- who recently hosted the second UK-US Dialogue on
tion of bulk cargo as well. the Future of Atlantic Trade in Aberdeen, Scotland, also
agreed to collaborate on promoting environmental protection
According to Yuan Hao, deputy general manager of COSCO and the transition to net zero and supporting high labour and
SHIPPING Lines (Shanghai) Co. Ltd., more than 120 of environmental standards.
its ships have docked at Shanghai port to load and un-
load cargo since late March. Over two days, both hosted a series of roundtable discussions with a di-
verse group of stakeholders from the business communities of both sides,
According to statistics released by the city last trade unions and civil society, in addition to bilateral discussions between
week, the water-water transfer of 2.12 million government officials, according to a press release from the UK government.
20-foot equivalent units (TEUs) of con-
tainers was completed at Shanghai port

UK
in March—up by 17.1 per cent from
the previous month.

& US
Since April, the average daily
arrival of sea-rail combined

to col-
transport was 1,670
TEUs—up by 25.8
per cent from the
first quarter, an
official news
agency re-
laborate
ported.
to promote
inclusive eco-