WTO says its trade growth estimates appear 'overly optimistic'
The WTO had estimated in October that merchandise trade growth would be 0.8% for 2023 and 3.3% for 2024.
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The WTO had estimated in October that merchandise trade growth would be 0.8% for 2023 and 3.3% for 2024.
The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024 due to a less buoyant global economy and the potential impact of disruptions to shipping through... -January 29, 2024 at 12:52 pm EST - MarketScreener
World Trade Organization (WTO) in Geneva Reuters Chief WTO Economist Ralph Ossa said on Monday the group's previous global trade growth estimates were "overly…
The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024 due to a less buoyant global economy and the potential impact of disruptions to shipping through the Suez Canal, its chief economist said. The WTO had estimated in October that merchandise trade growth would be 0.8% for 2023 and 3.3% for 2024. Chief WTO Economist Ralph Ossa told Reuters on Monday that both annual growth estimates now appear "overly optimistic".
Ralph Ossa, the chief economist at the World Trade Organisation (WTO), said that the UAE is a strong supporter of the multilateral trading system.In remarks to the Emirates News Agency (WAM) on the sidelines of the eighth edition of the World Investment F