Global trade rebounding, but protectionism still a risk: WHO

Geneva

GLOBAL trade is rebounding strongly but risks remain, the World Trade Organization said on Thursday, with commerce expected to grow by 3.6 per cent in 2017, well above last year's 1.3 per cent.

The forecast marks a sharp upward revision of the WTO's April estimate, when it foresaw growth of 2.4 per cent and in a range of 1.8-3.6 per cent, due to a high level of political and economic uncertainty.