WTO REPORT

BY KEITH NUTHALL
A GLOOMY report from the World Trade Organisation has concluded that the growth in global commerce has fallen steeply and is now expected to reach just two per cent, compared with much healthier estimates at the start of the year and a 12 per cent boom in the year 2000.

The WTO's International Trade Statistics 2001 warns: "Even this growth is not assured given the present great uncertainties about economic and trade developments."

It highlights North America as the area with the most problems, where trade growth is expected to ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.