World Trade Organization Forecasts Increase in Global Trade with Caution on Geopolitical Risks

Wednesday, 10 April 2024, 13:00
The World Trade Organization (WTO) anticipates a gradual recovery in global trade for this year and further growth by 2025. Despite positive projections, concerns linger over geopolitical risks affecting trade dynamics. Higher inflation's effects are expected to diminish over time, paving the way for a more stable international trade environment.
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World Trade Organization Forecasts Increase in Global Trade with Caution on Geopolitical Risks

WTO Forecasts Rebound in Global Trade

The World Trade Organization said Wednesday that it expects global trade to rebound gradually this year before rising further in 2025 as the impacts of higher inflation fall into the rearview mirror.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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