The growth rate of world trade will double this year: Who will benefit from this? International organizations predict that global trade growth should double this year as inflation eases and the booming US economy boosts activity. As the FT noted, the OECD, IMF, and World Trade Orga... #Eurozone #GlobalTrade #imf #OECD #worldeconomy #WTO
Global trade in goods will grow by 2.6% this year and by 3.3% in 2025, the World Trade Organization predicts. Last year, global merchandise turnover decreased by 1.2%. In terms of value, the export of goods fell by 5% to $24.01 trillion. Import volumes decreased in most ... #GlobalEconomy #GlobalGDP #GlobalTrade #TradeTurnover #WTO
Grain embargo: five EU countries are ready to compromise with Ukraine, but Moldova protests. Ukraine’s five bordering EU countries are prepared to consider the mechanism of joint verification and approval of supplies proposed by Ukraine, Ukrainian Trade Representative Taras Kachka said.... #agroexportukraine #GrainEmbargo #GrainExportControl #TarasKachka #WTO
Romania and Slovakia agreed to the grain trade system and lifted their bans. Ukraine and Romania will jointly develop a grain export control plan that will help protect Romanian farmers. This work will continue for the next 30 days. In particular, the Ukrainian side offered th... #agroexportukraine #Farmers #GrainEmbargo #GrainExportControl #Ukrainiangrain #WTO
Poland threatens to reduce support and expand the ban on imports from Ukraine, and Ukrainian farmers demand harsh measures against countries with extended restrictions. The Polish Minister of EU Affairs said that Poland may reduce its support to Ukraine due to the crisis arising over importing agricultural products from Ukraine. In his arguments, he referred to the v... #agroexportukraine #GrainCrisis #GrainEmbargo #UkrainePolandTrade #WTO
Ukraine offers Poland, Hungary, and Slovakia a compromise on grain export issues. Kyiv has presented the European Commission with an action plan for controlling the export of four groups of agricultural products, Prime Minister Denys Shmyhal said. The already approved procedure pro... #agroexportukraine #DenysShmyhal #GrainEmbargo #Ukrainiangrain #WTO
Ukraine will file a lawsuit in response to unilateral export restrictions and ban imports from Poland, which might block Ukraine’s entry into the EU. Kyiv will file a lawsuit with the World Trade Organization concerning the refusal of Poland, Hungary, and Slovakia to lift their bans on Ukrainian agricultural products, said trade representative of U... #agroexportukraine #GrainEmbargo #RobertTelus #UkraineEU #WTO
The EU, the G7, and several countries have stripped Russia of its WTO membership privileges. In cooperation with the Group of Seven and other partners, the European Union will cease to treat Russia as the most favored nation in the World Trade Organization, stated Vice President of the Europ... #RussiaisnotWTOmember #WTO #WTOandRussia