The annual Global Economic Forum concluded today, with participating nations announcing a series of landmark agreements aimed at boosting international trade and cooperation.

Key outcomes include a new framework for digital trade and a joint initiative on sustainable energy projects. Analysts predict these measures could increase cross-border commerce by up to 5% over the next three years.

“This is a significant step towards reducing barriers and fostering a more interconnected global economy,” stated a senior official during the closing press conference.

The agreements also establish a task force to monitor implementation and address potential disputes. The next forum is scheduled to take place in two years.