The annual forecast report on Global trade released by the World Trade Organization on the 12th believes that the conflict between Russia and Ukraine endangers the already fragile global trade recovery. The report predicts that affected by the conflict between Russia and Ukraine, the volume of world commodity trade will increase by 3.0% in 2022, which is lower than the previous forecast of 4.7%; The growth rate in 2023 is 3.4%. According to the simulation forecast of WTO economists, the global economy calculated at market exchange rate in 2022 is expected to grow by 2.8%, down 1.3 percentage points from the previous forecast of 4.1%. In 2023, the global economic growth will rebound to 3.2%, close to the average growth rate of 3.0% from 2010 to 2019. According to the report, the output of the CIS region (excluding Ukraine) is expected to decline significantly by 7.9% in 2022, and the import of the region will shrink by 12.0%. According to the analysis of the report, the most direct economic impact of the conflict between Russia and Ukraine is the sharp rise in commodity prices. Russia and Ukraine are major suppliers of basic commodities such as food, energy and fertilizer. Grain transportation through Black Sea ports has stopped, which may have serious consequences for food security in low-income countries. WTO director general yvira said that the Russian Ukrainian conflict has damaged the world economy, and its negative impact has been transmitted all over the world. Low income countries will face a particularly severe threat. The reduction of supply and the rise of food prices will have a serious impact on the lives of low-income people. Ivala called on governments and multilateral organizations to work together to promote trade in the face of inflation and supply chain pressure. "Restricting trade will threaten the well-being of families and enterprises and make the task of building a lasting economic recovery from COVID-19 more arduous." She said. (Xinhua News Agency)