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
Development aid hits record high but falls for developing countries
Stories & Blogs UNCTAD (News )Despite reaching historical levels in 2022, Official Development Assistance decreased by 2% ($4 billion) for developing regions, affecting over 70 countries and almost 3 billion people.
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
Critical minerals: Harnessing data key to unlocking hidden treasures
Stories & Blogs UNCTAD (News )An UNCTAD solution for developing countries to digitalize and share data on natural resources gains renewed significance amid soaring demand for minerals vital for the transition to clean energy.
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)
Trillion-dollar shift urgently needed to align global finance with climate and development goals
Stories & Blogs UNCTAD (News )Eight years after the Paris Agreement, finance for fossil fuels continues unabated at trillions of dollars annually.