Research and analytical work related to emerging challenges in the field of transportation focuses inter alia on the nexus between energy security, oil prices and transport costs. With 80 per cent of global merchandise trade carried by sea and maritime transport being largely dependent on heavy fuel oil for propulsion, the implications of elevated oil prices on maritime transport costs are of considerable interest.
The third session of the Multi-Year Expert Meeting on Transport and Trade Facilitation was held on 8-10 December 2010. Deliberations by experts covered a broad array of important issues, including the cost implications for transport and trade of rising energy prices.
The fourth session of the Multi-Year Expert Meeting on Transport and Trade Facilitation was held on 7-9 December 2011. Experts considered a diverse range of matters, including issues related to the environmental sustainability of transport.
United Nations Conference on Trade and Development
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