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G20 MUST ACT NOW TO STOP ESCALATING PROTECTIONISM

London and Pittsburgh – The global Freedom to Trade Campaign today challenges G20 leaders convening in Pittsburgh to focus on the biggest threat to economic recovery and long-term prosperity: escalating protectionism.

In November 2008, the G20 recognised that freedom to trade is essential to the global recovery, pledging to “refrain from raising new barriers to investment or to trade in goods and services” for 12 months.  Yet, since then all 20 nations have broken this promise, on average, once every three days.

Read the rest of the press release here.

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