Key trends in world trade revealed by new classification system. The WTO released in July 2023 a new version of its Multilateral Trade Negotiation (MTN) Categories, a classification system used by the WTO to compile trade statistics and to analyse trade policy. First used in the Tokyo Round of trade negotiations in the 1970s, it has been occasionally updated to reflect evolving trends. This recently released version contains 72 new subcategories for the classification of traded goods. Read More
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