World trade deal could boost global exports by US$1t: WTO

Geneva

FULL implementation of the world trade accord reached two years ago could increase global merchandise exports by up to US$1 trillion annually, according to a new World Trade Organization (WTO) report published on Monday.

The World Trade Report offers the first estimates of the consequences of the December 2013 accord concluded at the WTO conference in Bali, noting in particular that emerging economies would capture more than half the gains.