Export restrictions persist, even if trade-facilitating trend continues07/12/2023
Between mid-October 2023 and mid-October 2023, the value of world merchandise trade covered by new trade-facilitating measures far exceeded that affected by new trade restrictive measures, an encouraging trend at a time of uncertainty and tension in the global economy. Nevertheless, this report presented on 7 December at a meeting of the Trade Policy Review Body, indicates that trade restrictions continue to weigh on global trade, with persistent export restrictions contributing to food price volatility.
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WTO Members facilitate imports but many food export restrictions persist27/07/2023
The latest Director-General鈥檚 mid-year report on trade-related developments arrives at a time when the global economy continues to be affected by multiple crises. The continuing war in Ukraine, events related to climate change, high food and energy prices, and inflation, as well as the lingering ramifications of the COVID-19 pandemic, are having serious implications for the global economic environment.
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