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The New Protectionism

G20 nations break ‘no protectionism’ vow

By Alan Beattie in London

Published: September 14 2009 22:22 | Last updated: September 14 2009 22:22

The world’s leading economies have continued to break their pledge of no protectionism with a raft of restrictions on trade and investment, say two authoritative reports.

Both the World Trade Organisation and Global Trade Alert, a monitoring service co-ordinated by the think-tank the Centre for Economic Policy Research, said the Group of 20 governments had continued to implement a steady stream of restrictions on trade since making the pledge at their meeting in Washington last November.

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