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Anti-protectionism announcement made at think-tank summit

By Wang Linyan and Wang Bo (chinadaily.com.cn)
Updated: 2009-07-04 18:03

A joint announcement against protectionism was released Saturday during the Global Think Tank Summit in Beijing.

The announcement called for coordinated efforts in the international business community to fight against all sorts of protectionist measures and facilitate the economy to recover in an eco-friendly manner.

Despite the challenge of the global economic recession, nations should be committed to keep open for cross-border investment and trade and never resort to measures against the WTO rules to spur export, the announcement said.

The announcement was jointly issued by Zhang Wei, vice chairman of China International Chamber of Commerce, Joerg Wuttke, president of European Union Chamber of Commerce in China, Ogawa Shinjiro, chairman of Japanese Chamber of Commerce and Industry in China and Nam K. Woo, chairman of Korean Chamber of Commerce and Industry in China on behalf of all the summit attendees from the business community before the closure of the two-day summit.

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