Friday, April 2, 2010

World Trade in 2009: 2010 PRESS RELEASES

WTO: 2010 PRESS RELEASES

PRESS/598

26 March 2010

INTERNATIONAL TRADE STATISTICS

Trade to expand by 9.5% in 2010 after a dismal 2009, WTO reports

After the sharpest decline in more than 70 years, world trade is set to rebound in 2010 by growing at 9.5%, according to WTO economists. “WTO rules and principles have assisted governments in keeping markets open and they now provide a platform from which trade can grow as the global economy improves. We see the light at the end of the tunnel and trade promises to be an important part of the recovery. But we must avoid derailing any economic revival through protectionism,” said Director-General Pascal Lamy.

http://www.wto.org/english/news_e/pres10_e/pr598_e.htm