"Re-globalization is in our common interest," says WTO chief economist

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"Re-globalization is in our common interest," says WTO chief economist

STORY: "Re-globalization is in our common interest," says WTO chief economist DATELINE: Sept. 14, 2023 LENGTH: 00:01:02 LOCATION: GENEVA, Switzerland CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (English): RALPH OSSA, WTO Chief Economist STORYLINE: "Re-globalization is in our common interest," said Ralph Ossa, chief economist of the World Trade Organization (WTO), in a recent interview. According to Ossa, re-globalization means increased international cooperation and broader integration and is key to addressing the pressing challenges of our time and to building a secure, inclusive and sustainable future. The WTO published the 2023 edition of the World Trade Report Tuesday. This document presents new evidence of the benefits of broader, more inclusive economic integration as early indications of trade fragmentation threaten to unwind growth and development. SOUNDBITE 1 (English): RALPH OSSA, WTO chief economist "The economic costs of fragmentation are going to be large. And in some sense, that's the point

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