Trade is a great leveller, but barriers still remain: WTO
The Dollar Business Bureau | @TheDollarBiz “We are living off the liberalisation and reforms of the past.” - Roberto Azevêdo, DG, WTO Trade will be the major driver of development in the 21st century, and countries must facilitate trade reforms and remove trade barriers to help the Least Developed Countries (LDCs) benefit from multilateral trade, Roberto Azevêdo, Director-General of the World Trade Organisation (WTO) said at the launch of the annual World Trade Report yesterday. According to the WTO report, global trading system has helped reduce the gap between developed and developing countries in the last two decades. The report speaks about the three major waves of economic development the world has seen since the industrial revolution of the late ...
