The world’s 20 most advanced economies, the G20, erected 20 new trade restrictions between October and May, covering trade worth $335.9 billion, the World Trade Organization said on Monday, warning that several more were being considered, reports AzVision.az referring to Reuters.
However, G20 economies also implemented 29 measures to reduce trade barriers during the period, covering $397.2 billion, it said in a regular monitoring report. But new barriers were rising at a far faster rate than the historical average, the WTO said.
More about: WTO
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