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The outlook for the global economy has slightly improved since the WTO’s most recent trade forecast was issued in October of last year but the pace of trade expansion in 2023 is still expected to be subpar, weighed down by the ongoing conflict in Ukraine, stubbornly high inflation, tighter monetary policy and financial uncertainty.
Far from a one-off undertaking, the digital transformation is a continuous effort to adapt the transport infrastructure to the evolving technological capabilities and requirements.