Global trade is on target to rise at twice the rate achieved in 1999, according to the World Trade Organisation (WTO) annual statistical report, with rebounding economies in Asia, Japan and parts of Latin America showing faster trade growth than the US.
Last week’s WTO report shows that merchandise trade has grown by 10% in 2000 – one of the highest rates in the last 10 years. The data will encourage City firms targeting the Asian region this year. A number of leading firms this year have invested heavily in Singapore and Thailand.
