Topic: 2024-Supply Chain Stability
Country: Estonia
Delegate Name: James Zawacki
Special Political Committee
Supply Chain Stability
The Republic of Estonia
James Zawacki
Forest Hills Eastern High School
Supply chains have recently taken massive blows in terms of labor shortages and inefficient management. The covid-19 pandemic created a lasting effect on the global supply chain, limiting the availability of some goods, and creating huge disruptions. Political tension and conflicts between Russia, Ukraine, and South Sea China have also led to a lower availability of some critical goods. In addition to conflict, weather, and natural disasters like tropical storms and earthquakes have damaged manufacturing facilities. On the other hand, congestion of ports and transportation routes like the Suez Canal created inefficient trade and exporting. It has become all too apparent that action needs to be taken to help correct and prevent supply chain disruptions. The UN now looks to educate and help inform industries and companies on how to bolster their efficiency and stability. Estonia hopes to ensure and correct the supply chain stability, to help prevent world shortages and promote a better, more efficient economy.
Estonia has played a significant role in addressing global supply chain issues in the areas of logistics, technology, and commerce. For example, Estonia has worked on creating a strategic logistics trade and transportation Hub in the Baltic Sea region. Estonia has also invested heavily in infrastructure and transportation of goods, creating improvements to highways, ports, and airports. Estonia is very involved with electric commerce and digital trade with a turnover of about 3.54 billion euros in 2022 which accounts for 20% of retail commerce. Estonia also has a large focus on cyber security and data analytics, which provides strong innovation in the field of online trade, tracking of goods, and raising supply chain communications. In terms of collaboration and partnerships, Estonia actively works with other countries to help address and correct supply chain issues. Overall, digitalization and innovation in the fields of technology and logistics give Estonia a valuable spot in preventing and correcting supply issues.
Estonia encourages more communication and digital innovation in trade between countries. As a leader in e-commerce, Estonia can advise on the benefits and uses of technology in trade and government and how to use it effectively to help regulate the supply chain. Estonia would also push for an improvement in cyber security as it has dealt with past attacks and can help give more security to the global supply chain through its innovations. Finally, Estonia believes a push for more communication between suppliers and countries could lead to less congestion and more effective and efficient trade around the world.