Home / Arbitration

Legal News

WTO publishes report on impact of Ukraine war on global trade

Copyright © 2025 LexisNexis

Published on: 24 February 2023

Published by LNB News

LNB News 24/02/2023

Document Information

Issue Date: 24 February 2023

Published Date: 24 February 2023

Jurisdiction(s): United Kingdom

Article summary

The World Trade Organization (WTO) has released a report entitled ‘One year of the war in Ukraine’, providing an assessment of the effect the Russian invasion in 2022 has had on global trade and development. The report states that global trade performed better than had been predicted at the outset of the war, with alternative sources of supply allaying the impact which could have been had. The WTO points to the resilience of multilateral trading system as one reason why the potential disruption has thus far been withstood.

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin