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Maroc Maroc - WORLDSTAGENEWS.COM - A La Une - 21/Oct 22:07

How $31trn debt is stifling development of developing countries – UN

UN Trade and Development (UNCTAD) Secretary-General, Rebeca Grynspan, says 31 trillion dollars burden is stifling the development of developing countries. The UN trade official said this on Monday while addressing UNCTAD’s 195 Member States in Geneva. Grynspan, however, said that holding the line on the existing rules-based international trading system remains an essential challenge if the world is the keep a damaging tariff war at bay She said that 72 per cent of global trade “still moves under WTO rules” – a reference to the World Trade Organisation (WHO), whose…

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