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Covid-19 And The New ‘Healthy Trade’ Paradigm
No country will accept a deal that is more about opening borders to goods, services, and people than about closing them quickly.
30 Mar 2020, 06:51 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![A gantry crane stands idle above rail tracks at Barcelona commercial port in Spain, on March 23, 2020. (Photographer: Angel Garcia/Bloomberg)](https://media.assettype.com/bloombergquint%2F2020-03%2Fe2a79e26-2c2c-4fa2-8e68-c88b62ac9658%2F360499229.jpg?rect=0%2C418%2C3998%2C2249&auto=format%2Ccompress&w=200)
A gantry crane stands idle above rail tracks at Barcelona commercial port in Spain, on March 23, 2020. (Photographer: Angel Garcia/Bloomberg)
Amidst the deadly COVID-19 pandemic, the world yearns for a return to normal. For international trade, there is no return to the status quo ante. Thanks to the coronavirus, international trade is in a new paradigm – Healthy Trade.No longer is free (or even managed) trade the metric to diagnose whether a trade agreement is hale and hearty. Forevermore, the standard is whether the rules of a deal allow countries to fight illness, immun...
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