Trade-restrictive measures which have been introduced over the recent months cover over $480 billion worth of trade, the World Trade Organization (WTO) said Thursday.
MOSCOW (Pakistan Point News / Sputnik - 22nd November, 2018) Trade-restrictive measures which have been introduced over the recent months cover over $480 billion worth of trade, the World Trade Organization (WTO) said Thursday."The WTO's 20th monitoring report on Group of 20 (G20) trade measures issued on 22 November shows that the amount of trade covered by new import-restrictive measures hit a new high during the current reporting period," the WTO said.
"The estimated US$ 481 billion in trade coverage of these new measures imposed by G20 economies from mid-May to mid-October 2018 is more than six times larger than that recorded in the previous reporting period and the largest since this measure was first calculated in 2012," it said.
