You are here: Home» Economic Issues» World

World Trade Falls by 12% Last Year

Adjust font size:

World trade fell by 12 percent last year amid the economic crisis, the worst decline in more than six decades, the World Trade Organization (WTO) chief said on Wednesday.

"World trade was reduced by 12 percent in 2009," Pascal Lamy said at a breakfast policy briefing hosted by the European Policy Centre, a Brussels-based think tank.

(Xinhua News Agency February 24, 2010)