The Future of International Trade: Sustainability is Key

What can multinational companies do to ensure that international trade flourishes in years to come? Gerry Craggs, the Far East managing director of steel trading company Stemcor, says that companies like his need to focus on developing sustainable trading policies rather than immediate gain. "S...

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Bibliographic Details
Main Author: Singapore Management University
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
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Online Access:https://ink.library.smu.edu.sg/pers/9
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1031&context=pers
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Institution: Singapore Management University
Language: English
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Summary:What can multinational companies do to ensure that international trade flourishes in years to come? Gerry Craggs, the Far East managing director of steel trading company Stemcor, says that companies like his need to focus on developing sustainable trading policies rather than immediate gain. "Sustainable trading is not driven by short term profit but by providing optimal medium and long-term supply chain solutions that benefit all participants," he told Perspectives@SMU on the sidelines of the 5th anniversary celebration of the university’s International Trade Institute (ITI). Craggs is also Chair of the International Trading Concentration Sub-Committee at the institute that consists of volunteers from ITI’s pool of industries who contribute towards the International Trading Concentration programme through their ideas, contacts and professional expertise.