Page 7 - Global Trade
WTO cuts global trade growth forecasts for 2019 to 1.2% amid slowdown
It added that the global trade growth is projected to grow at 2.7 per cent in 2020, down from the previous projection of 3 per cent
 "WTO cuts global trade growth forecasts for 2019 to 1.2% amid slowdown")
Singapore economy shrinks in Q2 as global trade woes worsen
The dismal figures were the latest signs that trade tensions between Washington and Beijing are having a major impact on export-reliant economies across the world.
 "Singapore economy shrinks in Q2 as global trade woes worsen")
Global tensions, economic uncertainty to force trade slowdown in 2019: WTO
There are indications that ongoing talks between Washington and Beijing could resolve the bruising tariff battle
 "Global tensions, economic uncertainty to force trade slowdown in 2019: WTO")
High cost of credit worries exporters as growth space shrinks
According to the World Trade Organization, global trade entered a tough phase in the second half of 2018 and is expected to slow further in 2019
 "High cost of credit worries exporters as growth space shrinks")
India needs to fight for global trade liberalisation: Martin Wolf
Says May expected to lose Brexit deal, but may survive confidence vote
 "India needs to fight for global trade liberalisation: Martin Wolf")
Uncertainty in global trade
Trump's trade policy or punitive tariff regime was not a major issue in the campaign
 "Uncertainty in global trade")
Govt has set up advisory group to look into global trade challenges: Prabhu
Minister for Commerce and Industry, Suresh Prabhu, on Friday approved constitution of a High Level Advisory Group (HLAG) to make recommendations in identifying opportunities and addressing challenges in the contemporary global trade scenario.The HLAG will be headed by Surjit S. Bhalla, Director of Oxus Research and Investments. The other members of the Group are S. Jaishankar, former Foreign Secretary; Rajeev Kher, former Commerce Secretary and Member Competition Appellate Tribunal; Sanjeev Sanyal, Principal Economic Advisor, Government of India; Adil Zainul bhai, Chairman Quality Council of India; Dr.Harsha Vardhana Singh, former DDG WTO; Dr.Shekhar Shah, DG, NCAER; Dr.Vijay Chauthaiwale, Foreign Policy Advisor; Dr.Pulok Ghosh, IIM Bangalore; Jayant Dasgupta, former Ambassador of India to the WTO; Rajiv K Luthra of Luthra&Luthra and Chandrajit Banerjee, DG, CII."The HLAG will consider ways for boosting India's share and importance in global merchandise and services trade, ...
 "Govt has set up advisory group to look into global trade challenges: Prabhu")
Emerging economies more optimistic about gains from trade
According to the study, those in advanced countries are less optimistic about trade with other countries.
 "Emerging economies more optimistic about gains from trade")
Global trade tech helping efficiency and security
The gross merchandise value of cross-border e-com to grow close to $1 trillion by 2020, from $300 bn in 2015, according to UNCTAD estimates
Global trade climate has grown risky, says WTO chief Roberto Azevedo
The recent tussle between member-nations over the dispute settlement system at the multilateral body also has to be addressed
 "Global trade climate has grown risky, says WTO chief Roberto Azevedo")
Global trade rebounding, protectionism still a risk: WTO
World Trade Organization said commerce is expected to grow by 3.6% in 2017, well above last year's figure of 1.3%
 "Global trade rebounding, protectionism still a risk: WTO")
