Russia Ukraine effects with WTO
Logan Deacetis Russia Ukraine effect on WTO https://www.reuters.com/business/wto-chief-warns-against-retreat-global-trade-2022-04-28/ Fights with Russia and Ukraine have obviously been devastating for the people of these countries and surrounding countries. Since Russia is a powerful country and other countries are backing Ukraine it is making it very difficult for Russia to obtain some goods in the global market. Since countries are not wanting to participate in the trade because of war this is causing going to cause effects that the WTO wants to avoid. Some of these effects are very dangerous. One of which would involve production shock after natural disasters. This one is pretty self-explanatory, This involves the country's bounce back after a natural disaster. If a country isn’t participating in global trade, and their factories/sources of food or products are destroyed, it will take a significant amount of time in order to repair the damages that were sustained in these di