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WTO cuts 2015 global trade growth outlook

Expansion of 3.3% likely now, instead of earlier estimate of 4%; fragile world GDP, rising geopolitical tensions cited

"For trade growth it is important that you have certain elements present in the global economy," says Mr Azevedo


GLOBAL commerce is expected to grow just 3.3 per cent this year, the World Trade Organization (WTO) said on Tuesday, slashing its previous forecast of 4.0 per cent over weak global economic growth and rising geopolitical tensions.

The trade body also said preliminary...

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