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Report shows increase in trade restrictions amidst economic uncertainty, multiple crises

The WTO Director-General’s annual overview of developments in the international trading environment shows that trade restrictions have increased in a context of economic uncertainty exacerbated by the COVID-19 pandemic, the war in Ukraine and the food security crisis. According to the latest WTO Trade Monitoring Report presented on 6 December at a meeting of the Trade Policy Review Body, WTO Members are introducing restrictions at an increased pace, particularly on food, feed and fertilizers. The stockpile of import restrictions in force also continues to grow.