World trade falls by 12% last year

0 CommentsPrint E-mail Xinhua, February 24, 2010
Adjust font size:

World trade fell by 12 percent last year amid the economic crisis, the worst decline in more than six decades, the World Trade Organization (WTO) chief said on Wednesday.

"World trade was reduced by 12 percent in 2009," Pascal Lamy said at a breakfast policy briefing hosted by the European Policy Centre, a Brussels-based think tank, adding it was the "sharpest decline" since the end of the Second World War.

The WTO had forecast global trade declined by more than ten percent in 2009 as the financial and economic crisis hit worldwide demand.

The International Monetary Fund said in January that global trade contracted by 12.3 percent in 2009 and is forecast to expand 5.8 percent this year.

Lamy said the worst contraction in more than 60 years made it "economically imperative to conclude" the Doha Round of global trade talks, which started in 2001 and remained deadlocked after nine years of negotiations due to lingering disagreements between developed and developing countries on market access for agricultural and industrial goods.

The WTO chief said on Monday that it was too early for trade ministers to meet at the end of March on a new push for the Doha Round, dampening hope that the trade talks could be concluded by the year end as promised by world leaders.

Deadlines to conclude the talks have been repeatedly missed.

WTO members agreed in December to hold a meeting in the first quarter of this year to take stock of the progress in negotiations. Lamy said the meeting would be "best undertaken by senior officials at this stage," signaling there has been breakthrough in the past months.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 亚洲一级在线观看| 免费在线观看污视频| 日本另类z0zx| 国产超碰人人做人人爽av| jizz免费在线观看| 成人影院wwwwwwwwwww| 国产h视频在线| 成人草莓视频在线观看| 国产精品无码一区二区在线| 99久久综合狠狠综合久久一区| 日本道色综合久久影院| 亚洲一区二区三区在线观看网站| 污污网站在线观看| 人妻无码一区二区三区| 青青草国产三级精品三级| 国产福利不卡视频| 2019国产麻豆剧传媒视| 中文字字幕在线乱码| 日本不卡在线观看| 久久夜色精品国产亚洲| 最新视频-88av| 亚洲一区二区三区在线网站| 欧美巨大xxxx做受孕妇视频| 亚洲欧美国产精品久久久| 浪小辉chinese野战做受| 任你躁国产自任一区二区三区| 精品久久久久久亚洲综合网| 又爽又黄有又色的视频| 老司机天堂影院| 四虎永久免费影院| 老子影院dy888午夜| 国产一卡2卡3卡四卡高清| 韩国三级电影网址| 国产午夜福利精品一区二区三区| 黄网站免费观看| 国产四虎免费精品视频| 67pao强力打造67194在线午夜亚洲| 在线观看你的意思我明白| 99爱在线精品免费观看| 堕落前辈泄欲便器渡会| 99视频精品全部在线观看|