Friday 29 March 2024
 
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World Trade

Sluggish world trade ‘curbing emerging markets growth’

Economic recovery is progressing in the world’s advanced economies, but stagnating world trade and deteriorating conditions in financial markets are curbing growth prospects in many of the major emerging economies, according to the OECD&rs

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Sluggish world trade ‘curbing emerging markets growth’

Economic recovery is progressing in the world’s advanced economies, but stagnating world trade and deteriorating conditions in financial markets are curbing growth prospects in many of the major emerging economies, according to the OECD&rs

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WTO talks on duty-free IT goods collapse

Talks on cutting trade tariffs on hundreds of information technology products collapsed on Friday, delaying and potentially scuppering a deal estimated to be worth $1 trillion to global trade. "We are disappointed not to be c

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Global customs deal failure ‘could affect other talks’

Failure to reach a global customs rules deal could have a "considerable impact" on other areas of global trade negotiation, World Trade Organization Director-General Roberto Azevedo said on Monday during a visit to Mexico.

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World trade improves but 2014 ‘still below trend’

The World Trade Organization slightly raised its 2014 forecast for growth in global goods trade to 4.7 per cent on Monday, saying it did not expect a return to the historical trend level of 5.3 per cent until 2015. "If GDP fo

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WTO cuts 2013 trade forecast on protectionist fear

The World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase. It cut its forecast for global trade growth in 2013 to 3.3 percent from 4.5 percent and s

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WTO sees trade growth falling to 3.7pc in 2012

World trade growth will slow for a second year to 3.7 per cent in 2012 but "severe" downside risks could drive it further below the 20-year average of 5.4 per cent, the World Trade Organisation forecast on Thursday. Trade growth slowed to

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World trade to grow 6.5pc by volume says WTO

World trade will grow by 6.5 per cent this year, the World Trade Organization said on Thursday, above the average rate between 1990 and 2008 of 6 per cent, but falling short of last year's dramatic rebound. The WTO said growth in merchandi

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World trade to grow 9.5pc this year says WTO

World trade is expected to grow 9.5 per cent this year, after suffering its biggest collapse since the Second World War in 2009, said the chief of World Trade Organisation (WTO). 'Our economists are forecasting a world trade growth fo

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World trade contracted 12pc in 2009: WTO

Global trade contracted by about 12 percent in 2009 but has started to pick up, the head of the World Trade Organisation (WTO) said on Wednesday.    WTO Director General Pascal Lamy said the organisation had revised its pre

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