Pascal Lamy on Protectionism

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Last quote by Pascal Lamy on Protectionism

It is not the old issue about protectionism. At the moment half of your exports are imported which is the global economic integration model we live in now. Shooting on your imports has one result which is deteriorating the competitiveness of your exports. So, this sort of protectionism does not work. What we have today is standards, regulations, norms, that are established not to protect the producer but to protect the consumer. What will be at stake is whether Europeans and Americans can share a similar concept of precaution on GMOs, on poultry dechlorination water, on data privacy….feedback
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Jan 01 2015
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