World trade is on track to expand by 2.4 percent this year, though there is "deep uncertainty" about economic and policy developments, particularly in the United States, the World Trade Organization (WTO) said on Wednesday.

National Assembly Chairwoman Nguyen Thi Kim Ngan welcomes Hungary’s policy to boost the bilateral economic cooperation, including the signing of a framework agreement on a 440 million EUR credit.

The European Union on Friday (7 April) concluded its latest round of trade negotiations with Mexico, focusing on sustainable development, transparency, services and investment. EURACTIV Spain reports.

The EU and Norway have reached an agreement on trade in agricultural products that will grant mutual duty-free access for 36 tariff lines.

The role of trade as a driver of global growth is threatened by a slowdown in trade reform since the early 2000s and an uptick in protectionism after the financial crisis, the International Monetary Fund, World Trade Organization and World Bank said on Monday.

Global free trade is at a “critical juncture” and policymakers must stand up for further integration while preventing “severe and long lasting” consequences for those left behind, three top international bodies have warned.

China and Norway have set a timeframe within which they will resume negotiations for a free trade agreement (FTA).

The Association of Southeast Asian Nations (ASEAN) committed to free trade and economic integration on Friday, as protectionism takes hold in the US and the UK.

Trade ministers gathered in Toronto Friday to congratulate each other for pledging to lower internal trade barriers that have irritated businesses for decades.

China and Norway signed a pact on Friday to resume free trade negotiations, marking the end of a six-year diplomatic freeze, a move China called internationally significant, against the backdrop of a rise in protectionist sentiment worldwide.