• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Russia warns WTO of looming dangers to multilateral trading system

4 years ago
in Business, highlights, Home, home-news, latest News, Trade
1 min read
0 0
0
113
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Russia warns WTO of looming dangers to multilateral trading system

Russia has raised concerns over what it describes as dangers to the multilateral trading system put in place by the World Trade Organisation (WTO).

In a communique issued by the Russian delegation to the WTO, Russia asserts that some members the organisation are progressively applying unilateral trade measures aimed at undermining the economy of Russia.

According to the Russian Delegation, the recent aggressive and politically motivated trade restrictive actions against it [Russia] by members such as the USA amounts to a “reckless economic war” which will “lead to collateral damage across the globe”.

Adding that, the restrictive unilateral trade measures against it [Russia] is a direct violation of the basic WTO  rules and will put severe pressure on global supply chains which are still fragile after the Covid pandemic.

“We are witnessing the immediate consequences of trade and economic restrictions – spiking prices for basic energy resources, minerals, and foodstuff. Unfortunately, as the IMF warned, the most vulnerable households and businesses across the globe will bear the main burden of such inflationary effects,” the Russian Delegation noted.

Read details of the communique below:

RelatedPosts

Vinicius Jr. Apologizes for Clásico Outburst, Leaves Out Coach Alonso

Rabat Set to Host African World Cup Playoffs Next Month

Commodity Prices to Hit Six-Year Low in 2026 as Oil Glut Expands

245 by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: COVID-19 pandemicIMFmultilateral trading systemRussia warns WTO of looming dangers to multilateral trading systemWorld Trade Organisation (WTO)
No Result
View All Result

Highlights

BudgIT Ghana Mourns the Passing of Her Excellency Nana Konadu Agyeman-Rawlings

Nvidia Nears Record $5 Trillion Valuation as AI Boom Powers Meteoric Rise

ECG Reviewing Hubtel Contract, Others to Ensure Compliance with PFM Act

ECG Grilled by PAC Over GHS 189m Budget Overruns

Why Nations That Bet on Renewables Will Win the Next Energy Era

Africa’s Fastest-Growing Economy Cuts Foreign Debt By 80%, Declares ‘Growth Without Loans’

Trending

Features

Vinicius Jr. Apologizes for Clásico Outburst, Leaves Out Coach Alonso

October 29, 2025

Vinicius Jr. Apologizes for Clásico Outburst, Leaves Out Coach Alonso Real Madrid forward Vinicius Jr. has publicly...

Rabat Set to Host African World Cup Playoffs Next Month

October 29, 2025

Commodity Prices to Hit Six-Year Low in 2026 as Oil Glut Expands

October 29, 2025

BudgIT Ghana Mourns the Passing of Her Excellency Nana Konadu Agyeman-Rawlings

October 29, 2025

Nvidia Nears Record $5 Trillion Valuation as AI Boom Powers Meteoric Rise

October 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.