Lisa McAuley - Friday, April 17, 2009
A commitment to assisting international trade? One of the outcomes from the recent G20 summit in London was a commitment from the G20 leaders that as part of their measures to stop the world falling further into recession, part of these measures is a commitment to assist international trade. Some of which has been summarized below:
- To refrain from raising new barriers (including no import or export restrictions and no WTO inconsistent measures)
- That there should be no fiscal protectionism and no restraints on capital flows
- To notify the WTO of protectionist measures adopted by any country
- To provide $250 billion over 2 years to support trade finance
- To complete the WTO Doha Round
Download the full article by Hunt & Hunt
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