Financial Times FT.com

Tokyo fears slide into protectionism

By Mure Dickie in Tokyo

Published: March 19 2009 18:54 | Last updated: March 19 2009 18:54

Japan is determined to resist any weakening of commitment to free trade at the G20 summit in London next month, in spite of recent protectionist backsliding by many participants, a senior Japanese foreign ministry official said on Thursday.

Outlining Tokyo’s hopes for the April 2 summit, the official said it was “imperative” that leaders reconfirm the pledge made at last November’s G20 meeting in Washington to refrain from raising new barriers to investment or trade – adding that he was “personally concerned” they might not.

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