Image Credits: Meeting Media Group

GENEVA, Oct 21 (Xinhua/APP): A UN report on Wednesday forecast a 7 percent to 9 percent year-on-year drop in the value of global trade in 2020, despite signs of a weak rebound in the third quarter led by a recovery in China.

In the latest quarterly report of the UNCTAD the Geneva-based trade body estimates world trade to be about 5 percent less in the third quarter than the same period in 2019,

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Ukraine external financing needs could reach $5 bln a month: IMF

On Oct 25, IMF Managing Director Kristalina Georgieva said that Ukraine’s external…

UAE convoy of 12 aid lorries enters Gaza

A UAE aid convoy consisting of 12 lorries carrying more than 264…

EU chief, Sunak to hold final talks on Brexit deal

Rishi Sunak and the European Commission president are due to hold “final…

Ahmed Zia lauds Pakistan’s role in Afghanistan’s peace

Former Afghan deputy president Ahmed Zia Massoud said that Pakistan played an…