GENEVA: The World Trade Organization (WTO) has forecasted that the global trade growth in 2019 will be lower compared it with the last year.
The organization forecasted the decline citing widespread tension and economic uncertainty.
The WTO had initially estimated a 3.7 percent expansion of trade for this year, but has revised that down to 2.6 percent, marking a decline on the three-percent growth recorded in 2018.
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