WTO warns weakened trade rules could leave global GDP up to 10 pct lower

GENEVA, Sept. 15 (Xinhua) -- The World Trade Organization (WTO) warned Tuesday that failure to modernize the global trading system could leave global GDP as much as 10 percent lower than under a strengthened multilateral system, as trade policy faces its most serious and sustained disruption in decades.

The World Trade Organization headquarters in Geneva, Switzerland. (File photo: Xinhua)

The warning came in the WTO's annual flagship publication, World Trade Report 2026: A Critical Juncture for the World Trading System, which examines the achievements of the multilateral trading system over the past 80 years and the challenges it now faces.