Global supply chains at risk without new rules for digital trade
The fragile recovery of global trade amid geopolitical tensions and rising protectionism intensifies the need for World Trade Organization (WTO) reform and mutual rules for international trade. Comprehensive reform, digital regulation, policy coherence and improvements to supply chain resilience need to be achieved through public–private collaboration. There is an urgent need to reform the WTO to address 21st-century challenges, particularly through digital trade facilitation and supporting developing economies in fulfilling their trade commitments.
