The World Trade Organization (WTO) celebrated its 30th anniversary last month. In addition to commemoration, the globe reached a critical turning point in its efforts to promote international trade and economic growth. Above all, it illustrated how globalisation has increased the interdependence of the world's economies.
Most economies worldwide now rely heavily on international trade. The results of the 2023 World Trade Report, which emphasises the need for re-globalisation to tackle critical global concerns through improved cooperation, inclusivity, and sustainability, serve as evidence of this.
