Page 2 - World Trade
WTO reforms have to factor in interests of all, says Suresh Prabhu
"WTO's reforms have to take into account the interests of all members. It has to come out with a forward-looking agenda in an inclusive manner," Prabhu said
 "WTO reforms have to factor in interests of all, says Suresh Prabhu")
Decline in global merchandise trade volumes to continue for now: WTO
Situation to worsen as estimates don't take into account coronavirus outbreak
 "Decline in global merchandise trade volumes to continue for now: WTO")
US, Japan and European Union seek stronger global rules on subsidies
The governments called on the World Trade Organization to beef up existing regulations, which they said in a statement are "insufficient to tackle market and trade distorting subsidisation
 "US, Japan and European Union seek stronger global rules on subsidies")
25 years on, WTO on its shakiest ground as confidence of members plummets
As confidence of member nations plummets, reforming the global body itself forms the core agenda for many countries
 "25 years on, WTO on its shakiest ground as confidence of members plummets")
Not just economic taboos, Trump's moves are also shattering US' credibility
Part of the concern is that Trump's actions will give other governments cover to do the things that America has spent decades telling them not to do
 "Not just economic taboos, Trump's moves are also shattering US' credibility")
World trade to grow by 2.4% in 2017, uncertainty weighs: WTO
The range for growth this year has been adjusted to between 1.8 and 3.6%, WTO said
 "World trade to grow by 2.4% in 2017, uncertainty weighs: WTO")
