Tag: World Trade Organization

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Fast-changing nature of world trade poses new policy challenges

The future of world trade, and the global trading system, will be shaped by a range of economic, political and social factors, including technological innovation, shifts in production and consumption patterns, and demographic change, according to the 2013 World Trade Report published by the WTO on 18 July 2013. Director-General Pascal Lamy said: One element clearly stands out in the Report, and that is the importance of trade for development.

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