You're reading: Individual.com: Instability in Ukraine is the biggest impediment to business travel growth in Emerging Europe

Business travel in Asia Pacific, led by a dominant China, outpaces the rest of the world, according to a newly released travel forecast by the GBTA Foundation - the education and research arm of the Global Business Travel Association. 

Instability in Ukraine is currently the biggest impediment to business travel growth in Emerging Europe and poses a major risk to both the Russian and European economic outlook. An escalating Ukrainian crisis could push Europe and Russia into a recession. 

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