The WTO has worsened the outlook for the increase in the volume of world trade for 2018 and 2019

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Experts of the World Trade Organization expect a slowdown in global trade growth due to increased trade disputes and tougher conditions in the credit markets. The organization lowered the forecast for the growth of world trade in 2018 from 4.4% to 3.9%, in 2019 - from 4% to 3.7%. The WTO believes that against the backdrop of tensions caused by the growth of trade restrictions, business in the world's largest economies has already begun to reduce capital investment. Experts expect the tendency of increasing volatility of exchange rates to remain due to tightening of monetary policy in developed countries. WTO Director-General Roberto Azevedo called on the governments of the world's largest economies to overcome the contradictions in trade relations.

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