WTO Chief Sees Open Trade As Route To Recovery

Law360, New York (October 13, 2009, 3:45 PM EDT) -- The Doha Round of trade talks can act as a “global stimulus package,” while protectionism will only impede economic recovery, the head of the World Trade Organization said Tuesday.

Pascal Lamy, general-director of the WTO, called the Doha Round of multilateral trade negotiations the most effective way to clamp down on protectionist measures, which countries are likely to advocate in the face of a global economic slowdown, in a speech at the German Engineering Federation (VDMA) Summit in Berlin.

Although he urged caution, Lamy told representatives...
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