EU Report Sees Protectionist Risks In Recovery

Law360, New York (September 16, 2009, 1:30 PM EDT) -- With many countries starting to bounce back from financial turmoil, the rise in trade restrictive measures adopted by major economies to safeguard domestic industries and reverse unemployment trends could threaten global recovery, according to a European Commission report released Wednesday.

The European Commission's fourth quarterly report on potentially trade restrictive measures in the context of the global economic crisis, which tracks key World Trade Organization and G-20 member nations' trade policy activity between June 1 and Sept. 1, 2009, warns countries heading into the G-20 summit...
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