The most recent World Trade Organization (WTO) report on the trade activity of the G20 states reveals a reduction in the number and extent of measures to restrict trade in goods implemented between May and October 2020, mainly due to a sharp decline in trade. globally recorded after the outbreak of the pandemic. The report also outlines numerous measures to support and facilitate trade activities introduced by the G20 economies in response to the economic downturn in order to accelerate a strong economic recovery.

More information, here.

Photo copyright: 123RF Stock Photo