WTO says trade restrictive measures by G20 economies increased during 2023-24

The World Trade Organisation reported an increase in trade restrictions by G20 nations between mid-October 2023 and mid-October 2024. The WTO found 91 new trade-restrictive measures and 141 trade-facilitating measures on goods, primarily imports. The trade coverage of these restrictive measures reached USD 828.9 billion, a significant increase from the previous year.