World Trade Organization Emphasizes Artificial Intelligence and Global Trade
Speaking at the inaugural event, the WTO Director-General stated that artificial intelligence products accounted for a major portion of last year's merchandise trade volume growth.
At the first-ever World Trade and Technology Day organized by the World Trade Organization, the integration of artificial intelligence and global trade was highlighted.
High Participation and Interest
The interest shown by members and the public in the event organized by the World Trade Organization was welcomed with satisfaction.
Impact of Artificial Intelligence on Trade
It was stated that the artificial intelligence revolution will transform trade by reducing trade costs and increasing efficiency.
The Place of Trade in the Supply Chain
It was reported that global merchandise trade volume grew last year, with artificial intelligence products holding a significant share in this growth.
International Rules and Policies
It was noted that existing rulebooks serve as foundational pillars in digital trade but were developed long before the era of artificial intelligence.
Ministerial-Level Sessions
Ministers from small economies shared optimistic messages regarding how artificial intelligence can help make their countries more efficient.