Global trade poised to rebound this year: UNCTAD 2024 update

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The United Nations Conference on Trade and Development (UNCTAD) has stated in its just released March Global Trade Update that while global trade is poised to rebound this year, in effect reversing the downward trend observed last year, other factors including “geopolitical issues and shipping disruptions” impacted by international conflict could stifle what, in different circumstances, might have been a much more positive outlook.

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