UNCTAD report calls for updated, expanded trade-preference programs

Trade-preference programs must be adapted and broadened to reflect changes in the trade landscape since they were created half a century ago, according to a new report by the United Nations Conference on Trade and Development, which outlines a slew of actions it says countries could take to make those programs more effective. UNCTAD’s Trade Preferences Outlook 2024 , presented this week during an event in Geneva and labeled an advanced copy, takes stock of trade conducted under programs like...