Organization of Working Group on Marine Transportation
Marine transportation is absolutely vital to the
world economy. Since ancient times, the seas
have provided the great highways most
efficiently and least costly for trade between
peoples. International trade is the lifeblood of
modern states, allowing exchanges of vast
quantities of commodities that promote
economic development and raise standards of
living. The most recent example is China which
has undergone a renaissance of trade with the
rest of the world by sea, importing raw materials
and exporting finished goods.
Maritime-Transportation-PB-June18.pdf
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