International trade will expand by an unprecedented 13.5 this year, the World Trade Organization said, revising its forecast because of a faster-than-expected recovery in flows of global commerce.
Trading in natural resources creates a great many challenges both for importing and exporting countries and governments need to cooperate more intensively if these challenges are to be adequately addressed, according to World Trade Organization economists.
In spite of the ongoing dispute with China over the soy-oil import ban, Argentina this week imposed antidumping measures in the form of ad valorem rights on multi-processors originated in China and Brazil.
Uruguay is overall champion of tourism in Latin America, according to the Latin Tourism Index from Latin Business Chronicle
The first week of negotiations in years between the European Union and Mercosur to reach a political and trade association agreement that took place in Buenos Aires did not end well.
The world's large economies could make progress to revive stalled world trade talks at two G20 summits later this year, officials from farming nations said on Monday at a two-day meeting in Uruguay.