# The Single Rule That Made Global Air Cargo Trade Possible Page: https://stenobird.com/podcast/global-trade-with-fexingo-wto-free-trade-agreements-and-international-commerce-7871813/the-single-rule-that-made-global-air-cargo-trade-possible Text version: https://stenobird.com/podcast/global-trade-with-fexingo-wto-free-trade-agreements-and-international-commerce-7871813/the-single-rule-that-made-global-air-cargo-trade-possible.md Podcast: [Global Trade with Fexingo: WTO, Free Trade Agreements, and International Commerce](https://stenobird.com/podcast/global-trade-with-fexingo-wto-free-trade-agreements-and-international-commerce-7871813) Published: 2026-07-09T07:38:15+00:00 Episode link: https://audio.fexingo.com/business/global-trade/episode-0100.mp3 Audio file: https://audio.fexingo.com/business/global-trade/episode-0100.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/global-trade-with-fexingo-wto-free-trade-agreements-and-international-commerce-7871813/episodes/the-single-rule-that-made-global-air-cargo-trade-possible Duration seconds: 655 ## Resource In this 100th episode of Global Trade with Fexingo, Lucas and Luna explore the one rule that made global air cargo trade possible: the 1929 Warsaw Convention and its 1999 Montreal Protocol update. They explain how this framework created a uniform liability regime for international air transport, setting a cap of roughly $23 per kilogram for lost or damaged cargo. The hosts trace how this single legal standard gave insurers, banks, and logistics firms the predictability needed to finance and insure high-value, time-sensitive shipments across borders. They discuss the convention's origins in the early days of commercial aviation, the 1966 increase to $75,000 per passenger, and the shift to Special Drawing Rights under the Montreal Protocol. Lucas and Luna also examine how the rules affect e-commerce today, where a package worth $50 gets the same liability treatment as a $50,000 shipment. The episode closes with a look at whether the framework is outdated for modern supply chains. #WarsawConvention #MontrealProtocol #AirCargo #InternationalTrade #Liability #AviationLaw #SupplyChain #Ecommerce #Shipping #Freight #Logistics #WTO #TradeRules #Insurance #SpecialDrawingRights #FexingoBusiness #BusinessPodcast #Economics Keep every episode free: buymeacoffee.com/fexingo ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/global-trade-with-fexingo-wto-free-trade-agreements-and-international-commerce-7871813/episodes/the-single-rule-that-made-global-air-cargo-trade-possible/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/global-trade-with-fexingo-wto-free-trade-agreements-and-international-commerce-7871813/the-single-rule-that-made-global-air-cargo-trade-possible.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.