EFFECTS ON WORLD TRADE... WHERE WILL IT ALL END?

Although in this article we will discuss today focusing primarily on Russia, before we do a review of previous records that have a lot to do with the current reality. Also worth mentioning, that the facts could happen faster than anyone could imagine and it is therefore important to review past events. Do not forget to read the integrity of the article and leave your opinions which will surely be of great contribution.

G-20: ANALYSIS OF THE REPORT PREPARED JOINTLY BY UNCTAD, WTO & OECD

The past June 18, 2014, UNCTAD, WTO and OECD, have issued a joint report about trade and investment measures referred by the G-20 at their last summit meeting in St. Petersburg-Russia 5-6 September 2013, where the leaders made a strong statement of commitment to free trade and investment as a crucial element to restoring global growth. At that meeting, mainly recognized the continuous risk of economic slowdown and weakening of trade due to persistent protectionist pressures worldwide, committing to roll back from that time. The analysis reports that in this article we discuss cover trade and investment elapsed between mid-November 2013 to mid May 2014 noting that little have advanced in the commitment made at the meeting.

THE WTO IS MEETING TO PUSH FOR TRADE AS A GOAL OF SUSTAINABLE DEVELOPMENT

This week in Geneva has begun a new meeting scheduled by the WTO aimed at push the role of trade in the future objectives of sustainable development. The head of the WTO, Roberto Azevedo delivered his speech in which among other things highlighted the central role trade has played to lift millions of people out of poverty in recent years and would start working for the trade to be recognized in the current discussions on the post- 2015 development agenda.

ACCORDING TO WTO LEAST DEVELOPED HIT MORE SEVERELY BY GLOBAL SLOWDOWN

The Director General, Roberto Azevêdo, explained a few days ago in his conference about that least develouped countries grew below the average for previous years 2012 and 2013. However, they may continue to benefit from the upturn in European economy, since much of its exports go to this continent. The first thing he mentioned in his conference was that years have been very hard for the growth of world trade.