Trademagazin > News and articles > Market News > World trade getting lively again – according to WTO
World trade getting lively again – according to WTO
The 250 billionUSD of incentives is beginning to affect especially in Asia – reported Pascal Lamy, Main Director Of World Trade Organization (WTO) this weekend in Johannesburg.
Lamy noted in an interview of Reuters that trade growth is mainly in Asia due to the result of China's strong action.
The WTO, however, despite its cautious optimism, maintains its forecast of 10 percent shrinkage of the global trade for this year – reports MTI-Eco.
Related news
More related news >
Related news
Confidence in the global economy plummets due to US tariff war
The economic confidence indices of the world’s leading economies have…
Read more >Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >The Dairy Products Council has launched a national campaign to promote Trappist cheese
The Milk Products Council has launched a national marketing campaign…
Read more >