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WTO Records Moderate Rise in G20 Trade Restrictions

WTO Records Moderate Rise in G20 Trade Restrictions
The WTO’s seventeenth monitoring report on Group of 20 (G20) trade measures, issued on 30 June, shows that trade restrictions in G20 economies have risen at a moderate rate similar to that of previous years, despite the uncertainty facing the global economy. The report calls on G20 governments to show leadership in supporting open and mutually beneficial trade as a driver of economic growth and development.
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Participants in the WTO’s Information Technology Agreement (ITA) met on 28 June to discuss implementation issues related to the ITA and to report on work in the area of non-tariff measures. They also commended the discussions that took place during the ITA symposium commemorating the 20th anniversary of the Agreement, which took place on 27-28 June.
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