The WTO’s 14th Ministerial Conference in Yaounde, Cameroon became the most fractious in the body’s history. DG Ngozi Okonjo-Iweala warned of the “worst trade disruptions in 80 years.” The US declared the current system “economically unworkable,” China defended most-favoured-nation principles as the “bedrock” of global trade, and the UK cautioned that failure risks a disorderly collapse of the entire multilateral framework.
Al Jazeera · March 26, 2026
The India-UAE Comprehensive Economic Partnership Agreement (CEPA) has exceeded all expectations in its first year, with bilateral trade crossing $100 billion, making it one of the most successful trade agreements in recent history.
In a remarkable turn of events, international trade has bounced back stronger than ever, with global trade volumes reaching an unprecedented $32 trillion in 2024, according to the latest World Trade Organization (WTO) report released today
Trade between developing economies has surged from $500 billion in 1995 to $6.8 trillion in 2025, now representing over a quarter of global commerce. Germany–China bilateral trade reached $296 billion making China Germany’s largest trading partner. Meanwhile, the UK’s goods trade deficit hit a record $338 billion in 2025, offset only partially by a record […]