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Modest trade recovery to continue in 2015 and 2016 following three years of weak expansion

Published on April 15, 2015

Growth in the volume of world merchandise trade will pick up only slightly over the next two years, rising from 2.8% in 2014 to 3.3% in 2015 and eventually to 4.0% in 2016, WTO economists announced today (14 April). Director-General Roberto Azevêdo said that “by withdrawing protectionist measures, improving market access, avoiding policies which distort competition and striving to agree reforms to global trade rules, governments can boost trade and seize the opportunities that it offers for everyone.” Read more. Source | World Trade Organization