World trade fell 12% last year, its biggest decline since 1945

Source: Internet
Author: User
Keywords Last year the economic crisis Brussels
Tags agency economic economic crisis financial world world war
According to the Xinhua News Agency, World Trade Organization Director-General Lamy said 24th, the economic crisis, world trade fell 12% last year, the biggest decline since 1945. Lamy unveiled the figure at a meeting in Brussels early that morning at the European Policy Center, a European Union think-tank.  He said it was the worst record since the end of the Second World War. The WTO estimates that world trade fell more than 10% per cent last year, affected by the financial and economic crisis.
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