UNCTAD Flags Rising Export Costs From Non-Tariff Measures

UNCTAD flags rising export costs from non-tariff measures

The United Nations Conference on Trade and Development (UNCTAD) is sounding the alarm over the growing use of non-tariff measures (NTMs) in global trade policies, warning that smaller developing economies face higher export costs that could hinder economic growth.In its monthly report on global trade, UNCTAD said major economies have been moving away from trade liberalization toward a “more distortive use of trade policy” to pursue specific econ…

UNCTAD: Developing countries lose 10% exports to G20 over non-tariff measures

The United Nations Conference on Trade and Development (UNCTAD) has raised concerns that least developed countries (LDCs) are losing about 10% of their exports to G20 economies due to their inability to comply with increasingly complex non-tariff measures (NTMs).   The post UNCTAD: Developing countries lose 10% exports to G20 over non-tariff measures appeared first on Nairametrics.