UNCTAD's Global Trade Update Shows Encouraging Signs Amidst Persistent Challenges
March 22, 2024
March 22, 2024
GENEVA, Switzerland, March 22 -- The United Nations Conference on Trade and Development issued the following news release:
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* International trade is expected to rebound in 2024 after experiencing declines for several quarters.
* Preliminary figures indicate a $1 trillion contraction in global trade in 2023, driven primarily by subdued demand in developed nations and weaker trade within East Asia and Latin American regions.
* While trade in . . .
* * *
* International trade is expected to rebound in 2024 after experiencing declines for several quarters.
* Preliminary figures indicate a $1 trillion contraction in global trade in 2023, driven primarily by subdued demand in developed nations and weaker trade within East Asia and Latin American regions.
* While trade in . . .