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Image header Agence Europe
Europe Daily Bulletin No. 12375
Contents Publication in full By article 20 / 30
NEWS BRIEFS / Trade

Historical peak of trade restrictions among G20 economies

22/11/2019 (Agence Europe)In the last half of the year (mid-March to mid-October 2019), G20 economies increased their import restrictions by 37% compared to the previous year, according to a new trade monitoring report published by the World Trade Organisation (WTO) on Thursday 21 November. These measures cover an estimated $460.4 billion worth of traded goods, according to WTO figures. Beyond these policies, foreign direct investment is increasingly affected by international trade tensions, which can have a greater impact on international investment than investment policy itself, the leaders of three multilateral organisations – WTO, OECD and UNCTAD – also warned in a joint summary published on this occasion. Global foreign investment has already experienced a major slowdown in the past 2 years. Read the WTO report: https://bit.ly/2KJf2s0 (HD)

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