5 top global trade stories of 2024 - The World Economic Forum
Dec 18, 2024 · It is also a tool for non-trade objectives (NTOs). In a recent white paper, the World Economic Forum’s Global Future Council on Trade discusses how businesses can navigate NTOs while ensuring open and collaborative trade, emphasizing the role of governments in maintaining a balanced approach.
This is the current state of global trade | World Economic Forum
Oct 4, 2021 · International trade is the lifeblood of the world economy, but is subject to constant change from economic, political and environmental forces. Emerging economies have seen their share of total global trade rocket in recent years. China, for instance, is now responsible for 15% of all world exports.
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Here’s how geopolitics influences global trade | World Economic …
Dec 13, 2024 · In a Forum-convened panel, experts discussed the impact of geopolitics on trade and the global economy. “We are seeing the first signs of trade fragmentation in two broad geopolitical blocs,” said Johanna Hill, Deputy Director General of the World Trade Organization.
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Global trade growth could more than double in 2024. Here’s why
May 14, 2024 · US-China trade grew less than the two countries’ trade with the rest of the world, for example. While, since the start of the war in Ukraine, trade within blocs of politically aligned economies – roughly split into “East” and “West” – increased …
Top global trade stories this month | World Economic Forum
May 24, 2024 · A trade agreement between the European Union and New Zealand entered into force this month. In recent years, trade in goods between the two partners has risen steadily, hitting almost €9.1 billion in 2022. According to an EU assessment, the agreement is expected to increase trade between the EU and New Zealand by 30%.
Trade and Values: Navigating the Intersection of Policy and …
Nov 7, 2024 · Trade policies have evolved beyond economic efficiency, increasingly reflecting non-trade objectives (NTOs) like climate action, human rights and sustainability. This trend sees countries using market access to promote values-driven agendas – bringing positive changes and new challenges.
Discover this week's must-read trade stories | World Economic …
Nov 13, 2024 · The World Trade Organization (WTO) has raised its 2024 global trade growth forecast to 2.7%, up from 2.6%, and predicts a further rise to 3% in 2025 if Middle East conflicts remain contained. Trade rebounded this year following a 2023 slowdown due to high inflation and interest rates, a new WTO report shows.
These are the world's most vital waterways for global trade
Feb 15, 2024 · In recent years, numerous incidents have disrupted the world’s most important trade waterways, impacting supply chains across industries and economies. The upheavals include COVID-19 pandemic lockdowns , the Ever Given getting stuck in the Suez Canal, persistent drought at the Panama Canal , Russia’s blockade of Ukraine’s Black Sea ports and …