“With 90 per cent of international trade transported by sea, landlocked Switzerland has grown into the world’s second biggest shipping power and transformed itself into a global raw materials distribution hub. In May, raw materials giant Trafigura announced that it planned to move part of its Geneva operation to Singapore. ‘We have been very centralised in Europe, but the world is evolving and the centre of consumption is in Asia and we want to be closer to our customers,’ said Trafigura spokeswoman Victoria Dix.”
http://www.swissinfo.ch/eng/business/Switzerland_the_discreet_shipping_giant.html?cid=33256356
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