World trade contracted 12 pct in 2009: WTO's Lamy
Friday, February 26, 2010
WTO Director General Pascal Lamy said the organisation had revised its previous estimate of a contraction of about 10 percent in 2009 but gave no forecast for 2010.
"World trade has also been a casualty of this (global economic) crisis, contracting ... by about 12 percent in 2009," Lamy said during a visit to Brussels, calling it a huge drop and the sharpest decline since the end of World War Two.Asked about world trade in 2010, he declined to give any figure but said:
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...