G20 economies introduced substantially more trade-facilitating than trade-restrictive measures on goods between mid-October 2022 and mid-May 2023. However, several export restrictions on food, feed and fertilizers remained in place, compromising the predictable flow of food through international markets and contributing to price volatility at a time when food affordability remains a major global concern. The WTO Trade Monitoring Report on G20 trade measures, issued on 4 July, shows that the war in Ukraine, COVID-19 after-effects, extreme weather and high food and energy prices continue to cause uncertainty in global trade.Read more
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