World Trade

East Asian countries led economic recovery in last quarter of 2020, says UN report

Without the resilience of the economies of East Asia and the Pacific, there would have been no global trade recovery at the end of last year, UN analysts said on Wednesday.

Swift rebound for world trade still possible through joint action to thwart coronavirus

Global trade in goods could fall by as much as a third this year due to the ongoing COVID-19 pandemic, but a swift rebound in 2021 is possible if the world’s economic policymakers – working together – act immediately, the World Trade Organization (WTO) said on Wednesday. 

Ban welcomes appointment of new World Trade Organization chief

Secretary-General Ban Ki-moon has welcomed the appointment of Roberto Carvalho de Azevêdo of Brazil as the next Director-General of the World Trade Organization (WTO).

Ever-growing number of trade pacts poses new challenges, says UN-backed report

The growing number and complexity of trade pacts between countries and within regions pose new challenges to the multilateral trading system, says a new United Nations-backed report, which also highlights the role of the World Trade Organization (WTO) in creating coherence.