TRADE BUDDIES

UAE, Singapore and New Zealand launch coalition to promote rules-based trade

The scheme will be formally announced next month, with a virtual launch in November

Robert Hradil/Getty Images

The headquarters of the World Trade Organization

The UAE, Singapore and New Zealand are leading the launch of a new trade coalition among World Trade Organization members as a counterweight to the Trump administration’s so-called “napkin deals” that have unsettled global trade.

Expected to...