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Week in Brussels: WTO, human rights due diligence, Korea thermal paper, document transparency
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Week in Brussels: WTO, human rights due diligence, Korea thermal paper, document transparency

The trade week in the EU was significant, with new orientiations for policy spelt out as part of the bloc’s post-corona recovery plan. WTO: But the week in not entirely over as members of the WTO General Council meet today and next Tuesday online to confer about the next steps …

WTO: Services trade to take major hit amidst COVID-19 pandemic
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WTO: Services trade to take major hit amidst COVID-19 pandemic

The WTO’s regular global trade forecast released today deserves special attention as it tries to grapple with the as yet hard-to-quantify impact of the COVID-19 pandemic on global economic growth and on trade. Trade is always disproportionately negatively affected by economic shocks compared to global output. And this time is …

Beyond Brussels: WTO paints bleak trade outlook ahead of G20 summit
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Beyond Brussels: WTO paints bleak trade outlook ahead of G20 summit

It comes as little surprise that the World Trade Organization expects global merchandise trade to continue decelerating in the coming months – but it’s bad news, nonetheless. Mounting trade tensions, tighter credit conditions in key markets and waning business confidence have caused export orders to fall, the WTO said in …