The rapid spread of COVID-19 has led to uncertainty and loss of confidence unseen since 2008. The market volatility has also risen extremely fast to a level unseen over the last decade. Even against this unfavorable environment, there are sectors that have taken a disproportionate hit, including tourism, passenger transportation, airlines, hotels — practically everything that has a built-in key cross-border dimension.
Over 65 participants from national administrations, international organizations, non-governmental organizations and the private sector discussed, over a number of sessions, the role of innovation in the sector and good practices that are helping develop the railways across the region.
Source: United Nations Economic Commission for Europe (UNECE)