Ministerial Meeting 2014: Trade
Strengthening the multilateral trade system - Global Value Chains
Wednesday 7 May - 12pm
The global crisis resulted in a collapse in trade and foreign direct investment flows and the most recent data show only modest signs of recovery.
This ‘trade and FDI recession’ is having serious economic and social implications for the functioning of global value chains (GVCs), innovation, job creation and economic growth.
To revitalise cross-border trade and investment flows, further efforts by governments around the world are needed in removing barriers both at and behind the border.
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