PARIS, France – Pascal Lamy, head of the World Trade Organization (WTO), confirmed that growth in global trade would remain below 4% this year and urged governments against protectionism.
Annual growth in world trade has averaged 6% over the past 15 years, but this year “we will be below four percent,” Lamy told France’s BFM radio, blaming the slowdown on a sluggish world economy.
But Lamy said the rough patch should not be an excuse for political leaders to give in to protectionism “which makes no sense.”
“The world has crossed this crisis without a protectionist tsunami, but there are preoccupying signs that the WTO is watching over closely,” Lamy said.
In April, the WTO warned that world trade growth, which slowed in 2011 after a big rebound in 2010, would weaken again this year and grow by 5.6% in 2013. – Agence France-Presse
April –
MONTH OF PLANET EARTH!
“Climate change, El Nino,
and the Middle East conflict
are wreaking havoc on Planet Earth.”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
April – Month of Planet Earth
Weekly Observances:
April 24-30 — World Immunization Week
Daily Observances:
Apr 5 — International Day of Conscience
Apr 7 — World Health Day
Apr 15 — International Day of Wellness
Apr 21 — Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health
at Work
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