Browsing: UNCTAD

AI market to reach $4.8 trillion by 2033, but UNCTAD warns developing nations risk being left behind without strategic investment.

UNCTAD’s report reveals global trade hit $33 trillion in 2024, yet uncertainty over tariffs, policies, and economic shifts remains high.

Global trade will hit $33 trillion in 2024, driven by services sector growth, while goods trade lags behind, UNCTAD reports. Opportunities exist for diversification despite challenges.

UNCTAD’s report reveals global growth will stagnate at 2.7% in 2024-2025, posing risks to development and climate goals while impacting the Global South’s debt levels and overall economic resilience.

The WTO will collaborate on key trade events during COP29 in Baku, supporting climate finance initiatives and high-level discussions on trade’s role in sustainable development.