Press Release: Global trade increasingly obstructed, EU Report says

Author (Corporate)
Series Title
Series Details IP/14/1683 (17.11.14)
Publication Date 17/11/2014
Content Type

The tendency to impose trade-restricting measures remains strong among the EU's commercial partners, fuelling continuing uncertainty in the world economy. These are the main findings of the European Commission's annual report on protectionism published on the 17 November 2014.

In the 13 months covered by the report, G20 members and other key EU trading partners adopted a total of 170 new trade-unfriendly measures. The countries that have adopted the most such measures were Russia, China, India and Indonesia. At the same time, only 12 pre-existing trade barriers have been removed. This means that hundreds of protectionist measures adopted since the beginning of the economic downturn continue to hamper world trade, despite the G20 commitment.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-1683_en.htm
Related Links
ESO: Background information: EU reports on progress in fight against protectionism http://www.europeansources.info/record/press-release-eu-reports-on-progress-in-fight-against-protectionism/
EUObserver, 18.11.14: Trade protectionism still on the rise, EU research finds http://euobserver.com/news/126559

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