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Tag Archives: WTO

Tight economic situation

Tight economic situation

Prime Minister claims that the government has created financial discipline for the first time in the history of the country whereas current account is in surplus for the first time in last 17 years. International media is praising Pakistan on …

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Why trade wars have no winners

Why trade wars have no winners

Public support for free trade is shrinking and the long-standing political consensus that trade liberalization is beneficial is under attack. The US in particular has recently shifted towards protectionism by imposing tariffs and continuously threatening its largest trading partners, in particular the …

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Pakistan and global export review

Pakistan and global export review

The World Trade Organization (WTO) revealed that the world trade will continue to face strong headwinds in the year 2019 and 2020 after growing more slowly than predicted during last year because of rising trade tensions and increased economic unrest. …

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The transition of power

The transition of power

As of 2019, the United States remains the dominant superpower of the world. It controls the most formidable army and enjoys influence across all continents in matters of governance, economics and diplomacy. But according to leading political experts, the American …

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