Geneva, 15/12/2011 (Agence Europe) - At the opening of the eighth ministerial conference of the WTO, Pascal Lamy explained that in a worsening economic climate all countries had an interest in working closely together within the multilateral system. The head of the WTO put the cost of protectionism at €800 billion.
In his opening speech at the ministerial meetings of the 153 member countries, on Thursday 15 December, he warned that “the multilateral trade system provides an anchor in...