Business Standard

Trade restrictiv­e measures applied by G20 nations remain high : WTO

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The number of trade-restrictiv­e measures applied by G20 (Group of 20) economies remains high, despite a slight decline against the previous period, according to the World Trade Organizati­on. The 16th monitoring report on G20 trade measures on Thursday showed the nations in the grouping implemente­d a total of 85 new trade-restrictiv­e measures in the period between mid-May and mid-October 2016. This is of particular concern given the continuing global economic uncertaint­y and the WTO’s recent downward revision of its trade forecasts. BS REPORTER

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