![Lessons Learned from COVID-19 - FC](/sites/default/files/styles/medium/public/2022-12/Lessons%20Learned%20from%20COVID-19_FC.jpeg?itok=KgkDSHCc)
Most countries extol the benefits and virtues of trade globalization. However, recent and escalating geopolitical contention has challenged the assumption that free market capitalism and trade openness are the inevitable "end of history." Instead, an increasingly complex environment has emerged, leading to greater protectionism, supply chain fragmentation, alignment towards political allies, and increased nearshoring. In this evolving landscape, the focus shifts towards fostering sustainable infrastructure, promoting economic growth, and building resilient supply chains. The future of trade globalization will see countries and businesses navigating these complexities with strategic partnerships and innovative solutions to ensure high-quality, resilient infrastructure and economic cooperation.