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Sharp Declines In Trade And FDI But Asia-Pacific Performs Better Than Rest Of The World In 2020 29th Dec 2020    |    Source: un.org The emergence of the COVID-19 pandemic, coupled with increasing trade tensions and an already slowing global economy, have paved the way for the world’s worst economic performance since the Great Depression. According to the new Asia-Pacific Trade and Investment Trends briefs issued by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) today, global international trade value is estimated to dip by 14.5 per cent in 2020. Despite facing a sharp decline in trade, Asia and the Pacific is expected to perform better than the rest of the world during 2020. The region’s prominence in merchandise trade is expected to rise to an all-time high this year accounting for 41.8 per cent of the world’s exports and 38.2 per cent of global imports. In 2021, merchandise trade volumes are expected to rebound by 5.8 per cent an

Armida salsiah alisjahbanaUnited nationsRegional comprehensive economic partnershipCommission for asiaAsia pacific tradeInvestment trendsUnited nations economicSocial commissionUnited nations under secretary generalExecutive secretaryArmida salsiahஒன்றுபட்டது நாடுகள்பிராந்திய விரிவான பொருளாதார கூட்டுதரகு க்கு ஆசியாஆசியா பெஸிஃபிக் வர்த்தகம்முதலீடு போக்குகள்