Bangladesh, Sept. 15 -- As multilateral trading system is facing serious challenges to deliver, it is now necessary to strengthen the trading system through reforms.

Advertisement The reform could increase global economy by roughly 3 per cent or US$ 3 trillion by 2050 and also enhance global exports by around 20 per cent.

The World Trade Report 2026, just released by the World Trade Organization (WTO) in Geneva today (Tuesay) made these observations. The theme of the report is: 'A critical juncture for the world trading system.'

wtr2World Trade Report 2026 at a display - WTO Photo

As per the report, for least-developed countries (LDCs), which currently account for less than one per cent of global trade, the gains could be particular...