World Trade Report: artificial intelligence by 2040 or driving nearly 40% growth in global trade

THE WORLD TRADE ORGANIZATION ' S WORLD TRADE REPORT 2025 STATES THAT, WITH ACCOMPANYING POLICIES IN PLACE, ARTIFICIAL INTELLIGENCE IS EXPECTED TO INCREASE CROSS-BORDER TRADE IN GOODS AND SERVICES BY 341 TP3T TO 371 TP3T BY 2040, WITH GLOBAL GDP GROWTH OF 121 TP3T TO 131 TP3T, BY INCREASING PRODUCTIVITY AND REDUCING TRADE COSTS. THE REPORT EMPHASIZES THE NEED TO BRIDGE DIGITAL INFRASTRUCTURE GAPS, STRENGTHEN SKILLS TRAINING AND MAINTAIN AN OPEN AND PREDICTABLE TRADING ENVIRONMENT TO ENSURE MORE INCLUSIVE GROWTH. THE DIRECTOR-GENERAL OF WTO, YVLA, STATED THAT TRADE COULD PLAY A KEY ROLE IN MAKING ARTIFICIAL INTELLIGENCE “FOR THE BENEFIT OF ALL ECONOMIES”. XINHUA