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Thursday, 14 July 2011

WTO report acknowledges EU’s firm commitment to open trade during crisis

In its assessment of the European Union’s trade policy the WTO Secretariat pays tribute to the openness of European markets and the transparency of the EU’s trade and investment regime despite intensified protectionist pressure during the global economic and financial crisis. The report published today concludes that this policy has helped stabilising the multilateral trading system. WTO Member countries and the WTO Secretariat will discussed the report on Thursday 7 and Friday 8 July in Geneva.

Source: European Commission