WTO: Global trade to grow 9.5%

28 March 2010

World Trade Organisation figures have shown that global trade is set to grow by nearly 10% in 2010, Reuters has reported. The volume of merchandise trade would expand by 9.5% after dropping 12.2% in 2009, the biggest contraction in more than 70 years. The forecast growth comprises 7.5% for developed countries and 11% for developing countries, the international trade body said.

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