WTO: Countries must embrace integration over fragmentation to tackle challenges

Geopolitical tensions, concerns about climate change and a broader “trade-sceptic narrative” have led to the beginnings of fragmentation in the global trading system, the World Trade Organization said on Tuesday in its flagship annual report, arguing that governments must further embrace trade integration, rather than continuing on the path of fragmentation, to tackle major global challenges like climate change and security. The WTO’s “ World Trade Report 2023 ,” formally launched on Tuesday during the organization’s major annual conference, the...