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Image header Agence Europe
Europe Daily Bulletin No. 9646
Contents Publication in full By article 21 / 49
GENERAL NEWS / (eu) eu/trade

WTO forecasts slowdown in trade in 2008

Brussels, 18/04/2008 (Agence Europe) - According to WTO (World Trade Organisation) forecasts published on 17 April in its report on global trade in 2007 and prospects for 2008, growth in global trade may slow to 4.5% in 2008, from 5.5% in 2007, due to the rapid economic slowdown in developed countries. The turbulence on the financial markets is casting a shadow over global trade prospects, notes the WTO, which does not rule out a stronger slowdown than forecast to well below the 4.5% growth...

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