Reports
Lamy: “The world economy needs more trade to stave off recession”
05/12/2012
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.”