- The World Bank Group, International Monetary Fund, and the World Trade Organization has jointly launched a report titled “Reinvigorating Trade and Inclusive Growth” to reinforce the importance of trade in the global economy.
- The publication emphasizes that trade policies should aim to build greater, more durable openness and encourage countries to reinvest in open, rules-based global trade.
- The joint report between the IMF, the World Bank and the WTO identifies areas where trade has the potential of contributing particularly strongly to productivity growth and economic growth overall.
