22:12 GMT +319 January 2020
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    The global trade may grow by 2.4 percent in 2017, which is 1.1 percent more than in 2016, Director-General of the World Trade Organization (WTO) Roberto Azevedo said on Tuesday.

    SAO PAULO (Sputnik) — "In 2016, the global trade growth amounted to about 1.3 percent. That is the lowest growth since the global financial crisis in 2008. The situation improved in 2017, we expect a 2.4-percent growth," Azevedo said at the International Poultry and Pork Show.

    The WTO chief pointed out that despite the increased growth, the figure would be still below 3 percent — for the sixth consecutive year.

    "That is an unprecedented situation since the end of World War II," Azevedo noted.

    The WTO director-general added that the economic problems were accompanied by important political challenges such as the rise of anti-global sentiments, especially in the developed countries.


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