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The WTO: Optimal speed on world trade

the WTO now expects world trade to increase by 2.6 per cent in the year. In the previous forecast, in september, was expected to increase by 3.7 per cent to 201

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The WTO: Optimal speed on world trade

the WTO now expects world trade to increase by 2.6 per cent in the year. In the previous forecast, in september, was expected to increase by 3.7 per cent to 2019.

In 2018, is assessed in world trade have increased by 3.0 percent, lower than previously expected 3.9 per cent. In 2017, the growth was 4.6 per cent.

the 3.0% provided that the tensions in the area of trade are easing, but most of the risk is "firmly on the downside".

– With large handelsspänningar no one should be surprised at these prospects. The trade can not play its full role to drive growth when we see such great uncertainty, " said WTO chief Roberto Azevedo in a statement.

there are other factors which have an impact, but rising handelsspänningar is the most important, it is obvious that the conflict between the USA and China plays a big role. However, he did not want to comment on the impact of Brexit.

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