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2010 March 29   15:10

Volume of world trade up 9.5% in 2010 - WTO forecast

The volume of world trade will grow by 9.5% in 2010. This forecast was made by World Trade Organization (WTO). Economic recovery after the crisis will be carried out with growth of exports from developed countries by about 7.5%, while growth of export from developing countries will make up 11%.

 

"There is a light at the end of the tunnel", - Pascal Lamy, head of WTO noted.

 

According of the organization, at current rates of recovery, world trade would revert to pre-crisis level by 2011.

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