Global trade remains resilient despite Russia-Ukraine conflict
GENEVA: Global trade remained resilient and performed better than pessimistic predictions for 2022, as economies greatly affected by the Russia-Ukraine conflict had found alternative sources of supply, the World Trade Organisation (WTO) said in a note released on Thursday. According to the information note, trade growth in 2022 was above the agency’s forecast of 3 […]
Nigeria’s Okonjo-Iweala takes over as WTO chief
GENEVA: The first female and first African director-general of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, officially took office on Monday, ending a six-month “leaderless” period of the organisation, after former chief Roberto Azevedo stepped down on Aug 31, 2020, a year ahead of schedule. “I am coming into one of the most important institutions […]
