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ICC joins call for emergency debt relief for developing countries
The International Chamber of Commerce (ICC) is urging finance ministers to use this week’s Spring Meetings of the World Bank Group (WBG)...
Trade to plunge in every region, sector due to COVID-19—WTO
World trade is expected to fall from 13% to 32% in 2020 due to the COVID-19 pandemic, with nearly all regions to...
IMF: COVID-19 to bring ‘sharply negative growth’, worst economic fallout since...
Global economic growth will “turn sharply negative in 2020” as the COVID-19 pandemic has created “a crisis like no other,” hurting both...
WCO, WHO expand HS list of critical COVID-19 medical supplies to...
The World Customs Organization (WCO) and the World Health Organization (WHO) have jointly updated the HS Classification Reference for COVID-19 Medical Supplies...
WTO report: tariffs on face masks, soaps among highest for COVID-19...
Imports and exports of medical products totalled about US$2 trillion in 2019, which represented about 5% of total world merchandise trade last...
ADB report: East, SE Asia to be among hardest hit by...
After a lackluster 2019, regional growth in developing Asia will decline sharply in 2020 due to the effects of the COVID-19 pandemic,...
March marks ASEAN’s worst manufacturing performance with record lows in output,...
Manufacturers in the Association of Southeast Asian Nations (ASEAN) felt the brunt of the coronavirus pandemic in March 2020 as the Purchasing...
Governments urged to maintain supply chains to avert global food shortage
Minimize disruptions to food supply chains caused by border restrictions relating to the COVID-19 pandemic to prevent food shortage and hunger, the...
East Asia & Pacific faces prospect of recession due to COVID-19—World...
Growth in East Asia and the Pacific (EAP) region is projected to slow to 2.1% in the baseline and to a negative...
ICC unveils roadmap to prevent ‘unprecedented collapse of value chains’
The International Chamber of Commerce (ICC) has issued a 10-point roadmap to help governments fight the COVID-19 pandemic and limit its economic...
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