GENEVA, Apr 10 Exports from CIS countries will grow by about 5.3% in 2024, while growth in Europe will be the fastest low in the world and amount to only 1.7%, according to a forecast published on the website of the World Trade Organization (WTO).
«Expected growth (in 2024 — ed.) in the CIS region is slightly below 5.3%, also starting from a low base after the fall in exports as a result of the war in Ukraine. It is expected that in North America (3.6%), in the Middle East The East (3.5%) and Asia (3.4%) will see moderate export growth, while South America is expected to see slower growth (2.6%).European exports are expected to lag exports again other regions with growth of only 1.7%,” the document says. 
The organization expects strong import growth in Asia (5.6%) and Africa (4.4%) to help support global demand for goods this year, but all other regions are expected to see below-average import growth, including South America (2.7%), the Middle East (1.2%), North America (1%), Europe (0.1%) and the CIS (-3.8%).
The WTO's 2023 world trade report said economic sanctions imposed on Russia over the conflict in Ukraine were expected to have a negative impact on most of the world's economies, and that the fragmentation of global trade was harming the fight against global warming.
The Russian Federation has repeatedly stated that the country will cope with the sanctions pressure that the West began to exert on Russia several years ago and continues to increase. Moscow noted that the West lacks the courage to admit the failure of sanctions against the Russian Federation. In Western countries themselves, opinions have been repeatedly voiced that anti-Russian sanctions are ineffective. Russian President Vladimir Putin stated that the policy of containing and weakening Russia is a long-term strategy of the West, and sanctions dealt a serious blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people.