No Country Can Afford a “Dirty Bomb”

No Country Can Afford a

“Dirty Bomb”

Cargo Security
Summary
“If one cargo container exploded, in addition to the damages that this would cause in terms of human life and property, the whole trade lane would be shut down.”
Details
Governments around the world consider cargo security to be of vital importance in their efforts to protect their citizens, borders and economies. For example, if one cargo container exploded, in addition to the damages that this would cause in terms of human life and property, the whole trade lane would be shut down.

The damages would be massive, inventories would pile up, ports would be choked, investments would be lost and free trade agreements would be jeopardized.
Read more
SOLUTION
Details
A comprehensive public/private sector solution must be implemented in order to economically and effectively deal with cargo security challenges. To encourage maximum private-sector involvement, the overall solution must also deliver commercial benefits.

The required Cargo Security platform must leverage upon the trade efficiency platform, Multiple Dimensional Digital Economy Application System (MDDEAS), and thus simplify and optimize compliance by all real economy participants within the global value chains.
Read more
Summary
“The required Cargo Security platform must leverage upon the trade efficiency platform, Multiple Dimensional Digital Economy Application System (MDDEAS), and thus simplify and optimize compliance by all real economy participants.”
BENEFITS
Summary
“MDDEAS will enhance supply chain security and expedite clearance.”
Details
Cargo security initiatives require a balanced framework to enhance security while increasing trade efficiency.

National security must be the first priority, but overly stringent requirements stand to cause significant harm by restricting commerce and trade activity.

Within this balanced framework, there are two primary reasons as to why cargo security is an essential element of trade efficiency:
Read more