“World Bank forecasts suggest emerging markets and developing economies are poised for accelerated growth of 4.2% in 2017. It is critical that connections are made to these economic opportunities. The global network of logistics and supply chain experts at UPS are well-suited to provide these connections and meet customers’ needs.”
— Mark Vale, UPS President of Growth and Emerging Markets
Global trade enhances economies by stimulating growth and new opportunities for employment and entrepreneurship, creating a ripple effect as businesses enter new markets and hire more workers, which in turn helps those workers support their families and communities.
Trade plays an important role in reducing poverty in many parts of the world. Small businesses, which represent the vast majority of businesses in most economies, gain access to new customers and markets, and generate higher standards of living for their owners and workers. As a global logistics company, connecting customers to new economic opportunities is an intrinsic outcome of our business. Given that our business moves nearly 2 percent of global GDP each day, we have a unique and broad perspective of international trading patterns and of development opportunities in emerging markets.
Emerging market opportunities continue to expand our business. These markets are a destination for investment and an engine of growth for current customers, and will also be a focus for our next generation of customers. That’s why we’re making long-term investments where our customers choose to grow. During the past decade, we’ve established a strong presence in leading emerging markets such as China, Poland, Southeast Asia, and Turkey and expect that other markets in Africa, Eastern Europe, Latin America, and the Middle East will become increasingly important for our business.
We approach emerging markets with long-term, tailored solutions to meet the unique needs of each country in an efficient, sustainable way. We typically partner with third parties that have established capabilities and expertise at the local level. These include authorized service contractors or third-party service agents, who are trained and managed to properly represent UPS.
We approach trade as an opportunity for our customers. When trade is easy, more trade happens — and that means more business for entrepreneurs and small- and medium-size enterprises (SMEs), as well as multinational corporations. UPS fields a team of policy experts to address trade barriers around the world, in collaboration with customers, business partners, and industry and region-specific trade associations.
Connecting people is not only how we grow our business; it is also how we support economic enhancement. Our strategy is to develop long-term, tailored solutions for each economy’s unique needs so they can be met in the most efficient and sustainable way. That’s where our bundled logistics solutions come into play. Providing contract logistics services with freight and package services on key trade lanes will accelerate the growth and prosperity of local businesses and give them access to new global markets.
We see a strong rationale for deepening transatlantic trade, including through trade facilitation and customs modernization measures, and for liberalizing trade in services, given that e-commerce services, electronic payment services, and delivery services are critical to the modern economy. By keeping the services sector open to competition, countries can give consumers greater choice at lower cost.