The world economy needs more trade to stave off recession

05 January 2013

Pascal Lamy

The world needs a renewed and stronger commitment from all Governments to revitalize the multilateral trading system that can restore economic certainty at a time when it is badly needed. The policy determination to resist inward-looking policies seems to be faltering in some countries, even as the world economy needs more trade to stave off recession.”

View Commission Resource

Director-General Pascal Lamy presented his annual report to members on developments in the international trading environment.