The UN Convention on Negotiable Cargo Documents creates, for the first time, a single document that can be used for trains, trucks and planes which allows logistical changes to be made for goods already on the move. That means valuable cargo can be sold, rerouted or used to secure financing...
Speaking at the launch of UNCTAD’s 2025 Report on the Economy of the Occupied Palestinian Territory, the agency’s Deputy Secretary-General Pedro Manuel Moreno said decades of movement restrictions, combined with the latest military operations, had “wiped out decades of progress” and left both Gaza and the West Bank facing long-term...
Addressing the UN Trade and Development (UNCTAD)’s 195 Member States in Geneva, Rebeca Grynspan said that 72 per cent of global trade “still moves under WTO rules” – a reference to the World Trade Organization, whose agreements are negotiated and signed by trading nations. “We have for now avoided the...
“It is time to abolish human exploitation once and for all and to recognise the equal and unconditional dignity of each and every individual,” Ms. Azoulay said. The Day is intended to inscribe the tragedy of the slave trade in the memory of all peoples. Details from Ark of Return, the...
That assessment by UN trade and development body, UNCTAD, comes in an update published on Thursday ahead of the final round of talks to develop a legally binding international instrument against plastic pollution. “Although plastics are directly linked to the triple planetary crisis – pollution, biodiversity loss, and climate change – there...
Despite the current government’s hostility to the trade, the country remains a hub for the production and distribution of the drug. During the country’s long-running civil war, the Assad regime was hit by sanctions and diplomatic isolation, and the trade in Captagon is believed to have brought in billions of...
Between 1 January and 30 May, at least 2,680 people – including 54 children – were killed, 957 injured, 316 kidnapped for ransom, and many more subjected to sexual violence and child gang recruitment. “Alarming as they are, numbers cannot express the horrors Haitians are being forced to endure daily,”...
It warned that without immediate support, women and girls will continue to pay the price of this crisis with their lives, as hundreds of thousands are being left without access to emergency obstetric care or support after rape. Often suffering complications from constant distress, malnutrition, and physical exhaustion, more and...
The projection is below the 2.5 per cent threshold widely viewed as signalling a global recession. It also represents a significant deceleration compared to average annual growth rates prior to the COVID-19 pandemic when global growth was already subdued. Threats and volatility The report cited mounting threats including trade policy...
Ms. Grynspan was speaking in the wake of growing UN concern at the effect on-going uncertainty could have on the most vulnerable developing economies. On Tuesday, the UN Secretary-General, António Guterres, stated that “trade wars are extremely negative,” and warned that the impact of tariffs could be “devastating.” Tariffs are a...
“There will be shifting, I think, in supply chains, there will be a reassessment of global alliances. There will be geopolitical shifts and economic as well,” said Pamela Coke-Hamilton, head of the International Trade Centre (ITC). Speaking in Geneva after Wednesday’s announcement by the White House of a 90-day pause...
Every month, the UN trade and development agency (UNCTAD) provides an update on what’s happening in the world of global trade. In March, the focus was on tariffs, and the report revealed that, whilst global trade reached a record $33 trillion last year, the outlook for 2025 remains uncertain, with...
