These protectionist measures will adversely affect world trade and growth.

With a 25 per cent share in world trade in 1990, they accounted for half the growth of world trade during the period.

19. The Foreign Ministers stressed the importance of trade and investment liberalization and increased world trade to secure sustained growth in the world economy.

29. The growth of world trade slowed down along with that of world output in the early 1990s.

That would generate rapid growth to the benefit of world trade and international welfare.

The world wide economic recovery would therefore be closely linked to growth in trade.

The abolition of trade barriers is the single most important factor for world economic growth.

30. A major feature of world trade in the past few years is that much of its growth has been accounted for by the growth of trade of developing countries.

Europe s extensive regional and global trade networks mean that its internal problems are impeding world trade and, in turn, global economic growth.

quot An increasing portion of growth in world trade is being generated by some developing countries.

The United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO) continued to nurture the rapid growth of South South trade and commerce.

The strong growth of the global economy in 2003 and 2004 was both reflected in and driven by strong growth in world trade.

In 1993, they accounted for almost 80 per cent of the growth of world trade, as trade of the developed market economies stagnated.

The successful conclusion of the Uruguay Round of multilateral trade negotiations provides favourable prospects for wide liberalization and stable growth of world trade.

In tandem with an expected fall in world economic growth in 2005, growth in international trade is also expected to slow in real terms.

Those tendencies could neutralize the gains for world trade and economic growth expected from the conclusion of the Uruguay Round of multilateral trade negotiations.

Free Trade, Free Labor, Free Growth

Evidence shows that growth in ICT goods and services trade has been higher than growth in total trade.

The world lurches towards a currency war, or even towards trade protectionism, threatening to destroy jobs and growth.

As a result, growth in intra regional trade has outpaced overall trade growth, with intra Asian trade now accounting for more than half of the continent s total trade turnover.

Putin has turned his back on the World Trade Organization and is promoting protectionism, which will also harm growth.

World Trade Organization

In good times, the trade generated by a country s growth bolsters global growth.

And, of course, rapid growth in the advanced countries generally fueled an increase in world trade volumes to record highs.

Without doubt, the conclusion of the Uruguay Round improved the chances of growth for all States participating in world trade.

28. Both the Declaration and the Strategy viewed an open international trading system and fast growth of world trade as critical to the growth of the developing countries.

Economic growth is a powerful driver of development, supported by comprehensive trade liberalization by developed and developing countries alike under the World Trade Organization and Doha round negotiations.

Indeed, rapid growth in investment may translate into high import growth and trade deficits.

Growth is an important poverty reducing force, and trade is the engine of growth.

(iv) World Trade Organization (WTO) WTO Trade Facilitation

A Post Growth World?

The world trade multiplier, though less widely recognized, helps to explain why the growth deceleration has been so widespread and persistent.

The inequitable world financial, monetary and trade systems must be reformed in order to promote economic growth in the developing countries.

Developing countries had increasingly contributed to the growth of world trade and had even surpassed the industrialized countries in that area.

World Trade Centers Association

World Trade Organization (2002).

World Trade Organization (WTO)

With respect to trade, the forthcoming World Trade Organization Ministerial Meeting provides an important opportunity for significant decisions to be taken to reform the world trading system so as to provide better opportunities for trade to contribute to Africa's long term growth and development.

Since eurozone countries trade extensively with each other and the rest of the world, their slowdowns have contributed significantly to a decrease in global trade, in turn undermining global growth.

Trade policy changes in developing countries have been increasingly directed towards liberalization, thus contributing to the expansion of world trade and enhancing export possibilities and growth prospects for all countries.

A successful conclusion of the round would be the strongest possible action to counter protectionist tendencies and resume growth in world trade.

The successful conclusion of the Uruguay Round and the creation of the World Trade Organization as a universal forum for trade negotiations and the settlement of disputes have brightened prospects for increased trade and long term growth.

World trade is highly imbalanced.

sectors of world trade 11

World Trade Centers Association, Inc.