Lamy Reports No Slowdown in New Trade Restrictions
Lamy Reports No Slowdown in New Trade
Restrictions
Director-General Pascal Lamy, in his report
on trade-related developments issued on 29 June 2012, said
that “there has been no slowdown in the imposition of new
trade restrictions over the past seven months”. He noted
that “the more recent wave of trade restrictions seems no
longer to be aimed at combatting the temporary effects of
the global crisis, but rather at trying to stimulate
recovery through national industrial planning, which is a an
altogether longer-term affair”.
News item: http://www.wto.org/english/news_e/news12_e/devel_29jun12_e.htm