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Trade growth likely to pick up in 2024 in spite of challenging environment

Stories & Blogs WTO (News )

The latest edition of the WTO’s “Global Trade Outlook and Statistics” foresees a gradual recovery in world merchandise trade volume in 2024 and 2025. This follows a contraction in 2023 driven by the lingering effects of high energy prices and inflation in

Women’s economic empowerment, green trade set the scene for WTO conference

Stories & Blogs ITC (News )

The world’s trade ministers discussed some of the thorniest issues in global commerce at the highest-level gathering for the World Trade Organization (WTO).

ITC, UN Women call on countries to join gender-responsive public procurement campaign

Stories & Blogs ITC (Press Release )

While public procurement offers small businesses a huge opportunity to grow, only 1% of government contracts go to women-owned businesses. This is despite women owning one in three firms globally.

South Africa formally accepts Agreement on Fisheries Subsidies

Stories & Blogs WTO (News )

Ebrahim Patel, Minister of Trade and Industry, presented South Africa’s instrument of acceptance to Director-General Ngozi Okonjo-Iweala at the closing session of the WTO 13th Ministerial Conference (MC13)