WTO Director-General warns trade barriers hinder global recovery

British Reuters reported 13th, the World Trade Organization (WTO) Director-General Lamy at the WTO headquarters in Geneva on the same day warned that many countries to deal with the crisis to establish trade barriers, which will hinder the global economic recovery. In his appeal to the WTO's 153 Member States, Mr Lamy said trade restrictions such as punitive tariffs on imported products would worsen the financial crisis in the event of a decline in global demand. However, Mr Lamy said that despite the current rise in trade disputes, retaliatory trade measures and trade sanctions, "high levels of protectionist protectionism" had not yet erupted. Countries to the financial, automotive and other industries to take rescue measures, it is not yet possible to determine whether these fiscal measures violate WTO international trade rules, the fair competition caused damage. ▲ (Lin)