War: What to expect if Ukraine, Russia conflict escalates – WTO warns

 

The World Trade Organisation (WTO) says the war in Ukraine has created immense human suffering and was putting the fragile recovery of global trade at risk.

Ngozi Okonjo-Iweala, the WTO Director-General said the most immediate impact of the Russian invasion had been a sharp rise in commodity prices.

“Smaller supplies and higher prices for food means that the world’s poor could be forced to do without.

“This must not be allowed to happen,” Okonjo-Iweala, warned on Tuesday.

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