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Lamy: “The world economy needs more trade to stave off recession”
09/12/2010

Director-General Pascal Lamy, in his annual report to members on developments in the international trading environment, said: “The world needs a renewed and stronger commitment from all Governments to revitalize the multilateral trading system that can restore economic certainty at a time when it is badly needed. The policy determination to resist inward-looking policies seems to be faltering in some countries, even as the world economy needs more trade to stave off recession.”