Pandemic travel restrictions inflict substantial toll on global growth and trade: report
The Hindu
With travel bans around the globe for the last year and half after the COVID-19 pandemic, a new report from The Conference Board has revealed that these restrictions are inflicting a substantial toll
With travel bans around the globe for the last year and half after the COVID-19 pandemic, a new report from The Conference Board has revealed that these restrictions are inflicting a substantial toll on global trade and the industry may recover to 50 % of the 2019 level only by the end of 2021. The pandemic- induced lockdown has had a cascading effect on 334 million people worldwide directly dependent on the travel and tourism sector, says The Conference Board, a US-based member-driven think tank.
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