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SUNS # 9988 Thursday 18 April 2024

Trade : TESSD pursues trade & climate change issues without MC13 mandate (PRIV)
(D. Ravi Kanth, Geneva)
Efforts are underway to kick-start the informal Trade and Environmental Sustainability Structured Discussions (TESSD) after trade ministers failed to provide any mandate on trade and cl imate change issues at the World Trade Organization's 13th ministerial conference (MC13) that concluded on 2 March in Abu Dhabi.

UN : Growth to further decelerate amid falling investment, subdued global tr ade (PRIV)
(Kanaga Raja, Penang)
While the slowdown in global growth in 2023 was less severe than originally projected, further growth deceleration is e xpected in 2024, according to UN Trade and Development.

UN : Merchandise trade unlikely to be significant driver of growth in 2024. (PRIV)
(Kanaga Raja, Penang)
As the global economy expanded by 2.7 per c ent in 2023, global merchandise trade saw a significant divergence, contracting by about 1 per cent in real terms, UN Trade and Development has said.

UN : Developing countries grappling with significant debt, development crise s (PRIV)
(Kanaga Raja, Penang)
The debt and development crises faced by ma ny developing countries continues to worsen, according to UN Trade and Development.

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