Topic: 2024-Supply Chain Stability
Country: Lithuania
Delegate Name: Pradham Nalam
Pradham Nalam
Lithuania
Supply Chain Stability
Special Political Committee
Forest Hills Central High School
The disasters of Covid-19 showed the world how dependent we were on global trade. Hand sanitizers, masks, medical equipment, and many more supply chains were disturbed without warning and caused mass shortages almost immediately. This led to the suffering of many people including the death of millions around the globe. The realization of the major weakness that the entire world was exposed to enforced fear in the hearts of the many who were affected by it. However, COVID isn’t the only disaster that threatens global trade, other things like natural disasters, human error, and wars can affect the world’s ability to trade and transport goods and supplies that might mean life and death for some. One of the problems facing this world in the status quo is the specialization of products from each side of the world where the product is demanded almost everywhere. The monopolization of such products allows errors of any kind to stop the production of the very demanded product, consequently causing shortages.
The Republic of Lithuania believes that trade shouldn’t be destabilized by events out of human control as well as clerical errors. “Lithuania imports billions of dollars of mineral fuels, machinery, pharmaceutical medicine, and plastics every year.” (TradingEcon 2023). We encourage trade and heavily rely on it for the convenience of our people and government. As the delegate of Lithuania, I invite everyone in this room to cooperate and work together to resolve this pending issue that threatens our world.
A plan to create a stable function of trade in the case of shortage is viable if the UN creates a production plant all over the world that specializes in products that are scarce and are presently only produced by a few. These production plants would have the ability to pump up production in the case of failure to meet demand from suppliers in other places. This would allow a stable balance of global trade to be maintained at all times.
