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Announcements by US to have substantial implications for global trade: WTO DG

Announcements by US to have substantial implications for global trade: WTO DG

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management

“While the situation is rapidly evolving, our initial estimates suggest that these measures, coupled with those introduced since the beginning of the year, could lead to an overall contraction of around 1 per cent in global merchandise trade volumes this year,...

Global trade growth to rebound this year; geopolitical tensions pose downside risks: WTO forecast

by AIP Online Bureau | Apr 10, 2024 | Eco/Invest/Demography, International News, Risk Management

WTO Director-General Ngozi Okonjo-Iweala said, “We are making progress towards global trade recovery, thanks to resilient supply chains and a solid multilateral trading framework, which are vital for improving livelihoods and welfare New Delhi: The global trade growth...

IMF, World Bank, WFP and WTO urge coordinated action on food security

by AIP Online Bureau | Apr 13, 2022 | Eco/Invest/Demography, International News, Pandemic, Policy

In a joint statement, the leaders of the four institutions warned that the war in Ukraine was adding to existing pressures from the COVID-19 crisis, climate change and increased fragility and conflict, threatening millions of people worldwide The World Bank,...

Russia- Ukraine crisis could slash global trade growth by half in 2022: WTO

by AIP Online Bureau | Apr 12, 2022 | Eco/Invest/Demography, International News, Non-Life

The conflict has pushed up food and energy prices, and reduced the availability of goods exported by Russia and Ukraine, said the Secretariat note.Russia and Ukraine are both important suppliers of essential products, notably food and energy, according to the note...

EU files case at WTO against China over protection of patents

by AIP Online Bureau | Feb 19, 2022 | International News, Non-Life, Policy, Risk Management, Technology

Brussels: Since August 2020, Chinese courts have been issuing decisions – known as “anti-suit injunctions” – to exert pressure on EU companies with high-tech patents and to prevent them from rightfully protecting their technologies, the EU said...

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