UNCTAD-WTO-OECD ReportA Report on G20 Trade and Investment Measures was issued today, jointly prepared by three organizations -- UNCTAD, WTO and OECD -- in response to the G20 Leaders request made at their last summit in London on 2 April 2009. The Report is meant for consideration at the forthcoming G20 summit in Pittsburgh on 24-25 September 2009.
The Report finds that during the period under review, no widespread resort to trade or investment restrictions as a reaction to the global financial and economic crisis could be observed. However, the Report cautions against "policy slippage" in the trade area and a possible protectionist impact in the investment area.
The Report, which is issued against the background of considerably lower global trade and rapidly declining investment flows around the world, surveys policy measures in the area of trade and investment undertaken by G-20 member countries
Overall, the study says, recent policy developments (occurring in the period between April and August 2009) paint a positive picture.
See full Press Release.
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