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Tag: World Trade Organization

world trade organization

WTO sharply downgrades global trade growth forecast

October 1, 2019March 21, 2021Mrs. Anjum Shahnawaz

KARACHI: World Trade Organization (WTO) has sharply downgraded the global trade growth forecast for 2019 and 2020. “World merchandise trade volumes are now expected to rise by only 1.2 percent in 2019, substantially slower than the 2.6 percent growth forecast in April,” the WTO said in a press release on Tuesday. The projected increase in […]

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Indicator suggests further weakening of goods trade into third quarter: WTO

August 15, 2019March 24, 2021Mrs. Anjum Shahnawaz

KARACHI: The growth of world merchandise trade volumes is likely to remain weak in the third quarter of 2019 according to the WTO’s Goods Trade Barometer, released on Thursday. The latest reading of 95.7 from the barometer, formerly the World Trade Outlook Indicator (WTOI), is lower than the previous release and signals that stronger trade […]

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US approaches WTO against India’s additional duty measures

July 4, 2019March 12, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: The United States has approached the World Trade Organization (WTO) for dispute consultations regarding additional duties imposed by India on various imported goods from the US. A statement issued by the WTO said that the US had requested WTO dispute consultations with India concerning additional duties applied by India on certain imports of US […]

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