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WTO and World Bank Moves to Improve Collaboration on Trade in Developing Countries

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Amazin Zion

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Mar 1, 2023
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Earlier on, The World Trade Organization proposed a plan to increase better collaboration with developing nations in services trade.

According to a report titled "Trade in Services for Development," sponsored by the World Trade Organization and the World Bank, it stated that the growth of developing economy's services exports has surpassed the global average over the last two decades, but there is still more to be completed to realize the importance of services trade to development.

Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, and Ajay Banga, President of the World Bank, launched the report on Monday during a virtual event.

Read more: https://www.investingport.com/wto-a...llaboration-on-trade-in-developing-countries/