April 18, 2024 23:27 (IST)
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WTO anticipates sharp slowdown in world trade growth in 2023

WTO anticipates sharp slowdown in world trade growth in 2023

New York: Trade growth is expected to lose momentum in the second half of this year and remain subdued in 2023, as the global economy sustains multiple shocks, such as ripple effects from the war in Ukraine, the latest forecast from the World Trade Organization (WTO) has revealed.