World trade is likely to slump by 10% in 2009, and a report from the London-based Global Trade Alert claimed this week that, on average, a G20 member has broken the no-protectionism pledge once every three days since it was made.
"We have been able to see a lot of foreign direct investment moving into the country, we have been able to create a lot of jobs in apparels and textiles, " Mpo Madayay, Lesotho trade minister told the BBC's World Business Report.
The World Trade Organization largely sided with the U.S. in a report issued earlier this year that could potentially prove devastating to Airbus.
"Some delegations will want to minimise the number of people attending, " David Woods of the newsletter World Trade Agenda in Geneva, told the BBC's World Business Report.
"A further slowdown in China would affect commodity exporters in the region particularly strongly, since, with the exception of Timor-Leste, China is their major trade-partner in commodities, " the World Bank said in its latest report on the region.
India's slowing inflation and narrowing trade deficit indicate that the economy is improving, the World Bank said in a report published Tuesday.
The report also shows a clear link between international business travel and growth in world trade.
The warning comes in a report prepared by TRAFFIC, the wildlife trade monitoring programme of IUCN-The World Conservation Union and WWF, the global environment campaign.
The World Gold Council (WGC) reaffirmed the power of the Love Trade in its 2011 Gold Demand Trends report released this week.
With fewer loans available, small businesses around the world generally increased their use of overdrafts, credit lines and trade credit with suppliers, for instance, the OECD report said.
The report suggests that the illicit sale of animals and plants is the world's fourth largest illegal trade after narcotics, counterfeiting of products and currency and the trafficking of people.
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