United Nations Conference on Trade and Development (UNCTAD) has said that the world trade hit a record $32 trillion in 2022, but growth turned negative in the last half of 2022....
global trade
Green economy smiles even as global trade declines in Q4
IBT Bureau
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March 28, 2023
Blockchain technology: Role in global trade
IBT Edit Bureau
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August 19, 2022
Global trade is a conglomeration of complex mechanisms. It is subject to huge costs and stricter regulations. It also requires frequent development of technology in foreign trade. This blog introduces...
Will Dr Ngozi Okonjo’s stint at WTO be as historic as her appointment?
CATR
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February 23, 2021
While the leadership change in the US may be a shot in the arm for new WTO Chief Dr Ngozi Okonjo, she has to walk a tightrope on a number of urgent issues. Arguably, the priority for her would be to e...
Global trade projection: ‘Weak recovery’ over ‘return to trend’
Mahima
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October 7, 2020
The WTO has slightly improved its forecast for global trade to a decline by 9.2% YoY, led by increased trade in medical and COVID-19 products as well as lifting of lockdowns. However, the recovery cou...