This is a statement by Mr. Roberto Azevedo, Deputy Director-General, World Trade Organization at the ninety-fourth meeting of the Development Committee held on October 8, 2016. He states that in 2016, global trade growth is likely to hit its lowest level since the financial crisis. Trade growth is below GDP growth for the first time in 15 years. Since trade played such a crucial role in achieving the MDG goal of reducing extreme poverty by half ahead...
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