Global trade growth likely to slow down to 1.9 pc this year amid West Asia crisis: WTO

NEW DELHI: (Mar 19) The global trade growth is expected to slow down to 1.9 per cent this year amid the West Asia crisis, the WTO said on Wednesday.

WTO economists warn that the ongoing conflict in West Asia could further reduce trade growth if energy prices remain elevated, it said.

It would also put pressure on food supplies and trade in services due to travel and transport disruptions.