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UN Chief Says Global Tensions Threaten International Trade

United Nations Antonio Guterres International Trade Developing Countries Unctad

'The world cannot afford splits into rival blocs,' said Guterres (Credit: AFP)

The international trading system is on the brink of fragmenting amid rising geopolitical tensions, UN Secretary-General Antonio Guterres warned Wednesday, as he cautioned the world against splitting into rival blocs.

"The international trading system is challenged on all sides; teetering on the verge of fragmentation," Guterres said at a ceremony marking the 60th anniversary of the UN Trade and Development agency (UNCTAD).

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