World trade 'picking up', says WTO

25 February 2010

WTO Director General Pascal Lamy said the Organization had revised its previous estimate of a contraction, raising it to 12% from 10%, Reuters has reported. Asked about world trade in 2010, he declined to give any figure but said: 'Certainly there is a pick-up. Whether this pick-up is short term ... or whether this is sustainable ... is difficult to say but we certainly are picking up.'

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