Press Release: EU sounds alarm over sharp rise in protectionism across G20

In a report released on 6 June 2012, the EU identifies a staggering increase in protectionism around the world with 123 new trade restrictions introduced over the last eight months – a rise of just over 25%.

This brings the total number of restrictive measures in place today to 534. In its ninth report on potentially trade-restrictive measures, the European Commission points to a failure by the G20 countries to reducing trade barriers. G20 members have to do more to prevent the introduction of new barriers to trade, and to rectify protective measures introduced since the break-out of the crisis.

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