WTO chief expected to step down, as global economic crisis rages
The World Trade Organization was expected Thursday to announce the early departure of its director-general, creating shockwaves at a time when the COVID-19 pandemic is ravaging the global economy.
‘Regional, multilateral efforts key to Africa’s integration strategies’
The World Trade Organisation (WTO) Director-General Roberto Azevêdo has highlighted the importance of regional and multilateral trade efforts to help drive Africa’s economic integration, growth and development.
WTO Indicator suggests further weakened trade in Q3
The growth of world merchandise trade volumes is likely to remain weak in the third quarter of 2019 according to the WTO’s Goods Trade Barometer, released recently. The latest reading of 95.7 from the barometer, formerly the World Trade Outlook Indicator (WTOI)...
WTO members adopt roadmap for reducing technical barriers to trade
In response to concerns that its members might have introduced more trade-restrictive measures rather than easing such red tapes...
Strong trade growth in 2018 rests on policy choices, says WTO
World merchandise trade growth is expected to remain strong in 2018 and 2019 after posting its largest increase in six years in 2017, but continued expansion depends on robust global economic growth...
WTO records moderate rise in G20 trade restrictions
The WTO’s seventeenth monitoring report on Group of 20 (G20) trade measures, has shown that trade restrictions in G20 economies have risen at a moderate rate similar to that of previous years, despite the uncertainty facing the global economy.
WTO, others advocate trade as engine of growth
The World Trade Organisation (WTO), International Monetary Fund (IMF) and World Bank have advocated improved trade performance despite the lingering sluggish economic growth and weak investment activity.
China vows to act with G20 partners to boost world trade
Global trade is expected to grow at a tepid 2.8 percent in 2016, the World Trade Organization (WTO) said in April, with uncertainty over Britain's decision to leave the EU only adding to concerns.
Nigeria, others hold Africa’s $350b real sector finance market
Citing a survey by the African Development Bank of 300 banks operating in 45 African countries, the World Trade Organsiation (WTO) has described the market for trade finance in Nigeria and other developing countries in the continent to be hovering around $350 billion.