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5 findings from the WTOs World Trade Report 2024 The World Trade Organization (WTO) World Trade Report 2024 explores the complex interlinkages between trade and inclusiveness across and within economies
Trade facilitation helps trade adapt in turbulent times In turbulent times, trade adapts and keeps the world going, benefiting consumers and strengthening economies Trade is once again under pressure amid growing political polarization, economic uncertainty and rising protectionism Trade facilitation is key to helping trade to adapt by removing the unnecessary obstacles that slow down legitimate flows
This initiative could cut the cost of global trade by 25% A new trade initiative and platform launching this week aims to make global commerce digital and frictionless – potentially creating unlocking $10 trillion in new trade value
RCEP trade agreement and the future of multilateralism The future of trade is under threat from rising protectionism, and prevailing narratives about the end of globalization The RCEP trade agreement is a beacon for the future of multilateralism – led by regional middle powers like ASEAN It underscores the importance of regional cooperation in an increasingly interconnected and disrupted world