The COVID-19 pandemic has had a disastrous impact on the global transport sector with all the modes of transport, primarily air and maritime ones, experiencing a strong deterioration in activity at the global level. However, some markets, for instance rail freight between China and Europe, are benefiting from the situation. The report by COFACE credit insurance company titled «Global Transport: What does the future hold beyond COVID-19?» analyzes the current state of the global transport sector suffering a heavy blow from the pandemic and presents three scenarios for the recovery of the sector.

The pharmaceutical industry is a key partner in Europe’s fight against disease, developing new treatments and cures for patients across Europe. It is imperative that Europe remains a competitive destination for medical research and development by maintaining, sustaining and developing a predictable, robust regulatory and innovation-supportive incentives environment.