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Overview of developments in the international trading environment

Annual report by the Director-General
Publisher
Trade protectionism Tariffs International trade Trade agreements Exports Business conditions Australia
Description

A comprehensive record of trade-facilitating measures categorised by country, this report lists and describes specific measures aimed at streamlining trade processes, reducing barriers, and promoting a more efficient flow of goods across borders. 

The report serves as a resource for understanding the diverse approaches taken by different countries to improve their trade environments. The report's primary outcome is to provide a comprehensive and up-to-date record of trade-facilitating measures, categorised by country and accompanied by relevant sources for verification. This information allows for a comparative analysis of trade policies and highlights trends in trade facilitation efforts globally.

Key findings

  • Falling inflation has allowed central banks in advanced economies to start cutting interest rates, which should boost consumption and investment leading to a gradual recovery of goods trade.
  • Trade fragmentation linked to geopolitical concerns is growing, with trade increasingly conducted among like-minded economies, a trend accelerated by the war in Ukraine.
  • The review period saw an increase in the introduction of new general and economic support measures by WTO members. 
  • The number of trade concerns raised in WTO Committees and bodies continued to increase, in some cases sharply. 
Publication Details
Access Rights Type:
open