{"id":50703,"date":"2025-09-17T22:01:54","date_gmt":"2025-09-17T22:01:54","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/ai-projected-to-boost-global-trade-by-37-wto"},"modified":"2025-09-17T22:33:38","modified_gmt":"2025-09-17T22:33:38","slug":"ai-projected-to-boost-global-trade-by-37-wto","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/ai-projected-to-boost-global-trade-by-37-wto","title":{"rendered":"AI Projected to Boost Global Trade by 37% WTO"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>World Trade Organization report argues AI apps contribute to productivity in economies, as well as semiconductors, other AI-enabling goods<\/p>\n<p>However, it warns that without targeted investments and inclusive policies, AI could deepen existing divisions<\/p>\n<p>Artificial intelligence (AI) is expected to increase the value of global trade and services up to 37% by 2040, as poor countries close the technological gap with rapid advancements, according to a World Trade Organization (WTO) report.<\/p>\n<p>The report, titled World Trade Report 2025: Making trade and AI work together to the benefit of all, said that AI applications contribute to productivity in economies, enabling more companies to comply with complex regulations.<\/p>\n<p>The report said that AI\u2019s most significant impact will be seen in the digital services industry.<\/p>\n<p>\u201cAI-enabling goods, such as semiconductors and intermediate inputs\u201d play a key role in global trade, as these products\u2019 trade volume reached $2.3 trillion in 2023, the organization said.<\/p>\n<p>The WTO, however, warned that without targeted investments and inclusive policies, AI could deepen existing divisions and the upwards of 37% growth in global trade may not be reached by 2040.<\/p>\n<p>\u201cHowever, the effects of the development and deployment of AI are raising concerns that many workers, and even entire economies, could be left behind,\u201d WTO Director-General Ngozi Okonjo-Iweala said in the report.<\/p>\n<p>Digital infrastructure, technology, and skilled workforce are currently concentrated in few high-income countries, according to the WTO report, while investments in education are necessary to prevent inequalities.<\/p>\n<p>\u201cAI has vast potential to lower trade costs and boost productivity, as well as to create new avenues for services production and exports,\u201d she said.<\/p>\n<p>\u201cToday, however, access to AI technologies and the capacity to participate in digital trade remain highly uneven, especially for many low-income economies. Without proactive policy responses and greater international cooperation, AI could deepen inequalities rather than reducing them.\u201d<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Eritrea<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. World Trade Organization report argues AI apps contribute to productivity in economies, as well as semiconductors, other AI-enabling goods However, it warns that without targeted investments and inclusive policies, AI could deepen existing divisions Artificial intelligence (AI) is expected to increase the value of global trade and services up to 37% by [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[420,7402,392,233,2346,2977],"class_list":["post-50703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ai","tag-ai-demand","tag-artificial-intelligence","tag-eritrea","tag-global-trade","tag-world-trade-organization"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AI Projected to Boost Global Trade by 37% WTO - 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