UN Secretary-General warns of potential global trading system fragmentation due to rising geopolitical tensions.
UN Secretary-General António Guterres has warned of the potential fragmentation of the global trading system due to increasing geopolitical tensions, which could further exacerbate international trade issues. Speaking at the 60th anniversary of UN Trade and Development agency (UNCTAD), Guterres emphasized the challenges faced by the international trading system, including growing inequalities and the climate crisis. He called for greater dialogue between nations to address rising trade barriers and advocated for one global market and economy that eliminates poverty and hunger.
June 12, 2024
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