WTO: world trade will shrink this year 10%

World 1, warning that global trade protectionism is growing, it is expected that this year's global trade will shrink by 10%.

The WTO is expected this year, the total global trade will shrink by 10%, of which 14% reduction in developed countries, developing countries decreased 7%. WTO in March of this year the last forecast global trade volume will be reduced by 9%.

The WTO also warned that the last three months of global trade restrictions and distortions in the policy. Deduction from H1N1 protectionist measures, global new trade protectionism measures for trade liberalization policy more than twice.

The WTO also States in response to the financial crisis and the economic stimulation policy expressed concern that some policies lack of transparency, it is difficult to judge whether these policies will distort the market and hinder competition.

To this end, the WTO appeals, the g-20 should be announced as soon as possible and to stimulate relevant exit strategy, market competition returns to normal.