Editor’s Insight: WTO sees pick up in 2017 after another sluggish year
While volumes rose modestly, world trade values dropped 13% in 2015. With special feature audio.
The World Trade Organisation has again lowered its 2016 forecasts, saying global volumes are unlikely to exceed last year’s growth.
The WTO’s new forecasts say the rate of growth in 2016 will be no more than 2.8%, the same as last year.
Last September, the WTO estimated global trade would
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