World Trade Organization: Artificial Intelligence contributes to increasing the value of global trade by 40% by 2040

Geneva, September 17 / WAM / Oldo Iyalla, Director General of the World Trade Organization, said, “Artificial intelligence has begun to reshape our economies and societies, and may contribute to increasing the value of trade in goods and services by about 40% by the year 2040, taking advantage of increased productivity and low costs,” said Geneva, September 17 / WAM / Oldo Euyala, Director General of the World Trade Organization.

She added in her opening speech to the General Forum of the World Trade Organization today in Geneva under the slogan “Reinforcement, Creativity, and Governorate” that artificial intelligence also raises a number of questions regarding achieving fairness and comprehensiveness, stressing that commercial policies must play a central role in ensuring the sharing of the benefits of artificial intelligence in a fair way.

The Director General of the World Trade Organization highlighted the summaries of the global report on trade for the year 2025, which was published on the occasion of the forum.

She explained that this report comes in light of the worst turmoil in the global trade system in 80 years, but indicated that despite the risks facing trade, growth and development prospects, there are positive points, including the capabilities related to artificial intelligence.

The report showed that global GDP may rise by 12 to 13% in different scenarios.

The organization’s general manager said that artificial intelligence may lead to transformations in the labor markets by changing some jobs and replacing others, which requires investments in national policies to improve education, skills, rehabilitation and social protection.

The organization called for reducing the differences in the digital infrastructure between the rich countries and those low and medium income, noting that the number of commercial restrictions imposed on goods related to artificial intelligence is constantly increasing, as it reached about 500 regions last year, compared to only 130 regions in the year 2012, and most of these restrictions were imposed by rich countries and countries with high medium income.

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