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The WTO said it expected trade in goods to fall by 0.2% this year, down from its expectation in October of 3% expansion.

WTO cuts 2025 trade growth forecast, warns of deeper drop

The World Trade Organization has sharply cut its forecast for global merchandise trade from solid growth to a decline, saying further US tariffs and spillover effects could lead to the heaviest slump since the height of the Covid pandemic.

Business • 16 Apr

The EU has launched a WTO challenge against a Chinese anti-subsidy investigation into imports of European dairy produce

EU launches WTO challenge against China dairy probe

The EU has today launched a WTO challenge against a Chinese anti-subsidy investigation into imports of European dairy produce, in an escalating trade row between Beijing and Brussels.

Business • 23 Sep 24

The talks focused on five major themes: pandemic response, fisheries, food security, e-commerce and WTO reform

WTO conference - the decisions made

The World Trade Organization's 12th ministerial conference wrapped up today after five days of round-the-clock negotiations, securing a range of landmark deals.

Business • 17 Jun 22

The director-general from Nigeria said the world had changed since the WTO's last ministerial conference nearly five years ago

WTO chief 'cautiously optimistic' ahead of meeting

World Trade Organization chief Ngozi Okonjo-Iweala has expressed cautious optimism that more than 100 trade ministers meeting in Geneva would achieve one or two global deals this week, but warned the path there would be bumpy and rocky.

Business • 12 Jun 22

Nigerian woman named new boss in double first for WTO

Nigerian economist Ngozi Okonjo-Iweala has been appointed the first female and first African head of the World Trade Organization, at a special general meeting today.

Business • 15 Feb 21

PwC said it expects the Common Travel Area between Britain and Ireland to be retained after the Brexit talks

PwC not hopeful of Brexit trade deal by March 2019

Accountancy firm PwC has warned companies here to prepare for the worst from Brexit, adding that it is likely that no trade agreement will be in place between Britain and the EU by March 2019.

Business • 30 Mar 17

Agreement struck before the closing ceremony of the WTO conference in Bali

WTO reaches landmark trade reform deal

The World Trade Organisation has reached its first ever trade reform deal.

News • 07 Dec 13

Russia is one of the last major global economies to enter the group

Russia joins WTO after 18 years of talks

After 18 years of negotiation, Russia has entered the World Trade Organization, which restricts import duties and subsidies in an attempt to create a level playing field for international trade.

Business • 22 Aug 12

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