The World Trade Organization (WTO) has reported a weak early 2024 trade pick-up, citing geopolitical risks as a contributing factor. This assessment comes amidst ongoing global economic uncertainties and geopolitical tensions that have impacted trade dynamics.
According to the WTO, the sluggish trade growth in the early part of 2024 reflects the challenges faced by the global economy. Geopolitical risks, including trade disputes and political tensions between major economies, have added to the complexity of the trade environment.