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On September 15, local time, the World Trade Organization released the “2026 World Trade Report”, stating that if the multilateral trading system is strengthened, global GDP is expected to increase by about 2.9% compared to the benchmark scenario by 2050, that is, an increase of about 3 trillion US dollars, and global exports can increase by 17.9%. At the same time, the report warns that if countries do not act and allow multilateral trade rules to be weakened, global output could drop by up to 10%.
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On September 15, local time, the World Trade Organization released the “2026 World Trade Report”, stating that if the multilateral trading system is strengthened, global GDP is expected to increase by about 2.9% compared to the benchmark scenario by 2050, that is, an increase of about 3 trillion US dollars, and global exports can increase by 17.9%. At the same time, the report warns that if countries do not act and allow multilateral trade rules to be weakened, global output could drop by up to 10%.
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