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Protectionism News

29 Jun 2019

G20 calls for free and fair trade, stops short of denouncing protectionism

The leaders of the world's 20 major economies warned of the growing risks to the global economy but they stopped short of denouncing protectionism.

Global economic growth

20 Mar 2018

Protectionism could harm G20 economic growth, must be avoided: EU

Moscovici said protectionism could damage growth and the principles of free trade of the World Trade Organisation.

01 Feb 2018

Vantage Point: Narendra Modi vs Donald Trump at Davos: Is global diplomacy at an inflection point?

US is beginning to sound like India of the 1970s while India is beginning to sound like America of the 1990s.

World Economic Forum

24 Jan 2018

China hails PM Modi's Davos speech, says both countries share common interest

Addressing the World Economic Forum, PM Modi had talked about 'serious' challenges and 'grave concerns' facing the world.

08 Jul 2017

G20 rejects protectionism, wants to act against money laundering, corruption

On sharing the benefits of globalisation, the Summit felt current growth prospects are encouraging though the pace of growth is still weaker than desirable.

06 Jul 2017

Vladimir Putin attacks sanctions, protectionism on eve of G20

Sanctions against Russia, imposed because of the Ukraine crisis, "are not just short-sighted but go against the principles of the G20 for cooperation in the interests of all countries", Putin wrote in the business daily Handelsblatt, urging "open trade relations, based on uniform norms and standards".

08 May 2017

Liberalisation will prevail: Jaitley on protectionism

Finance Minister Arun Jaitley today played down fears over protectionism saying the need for greater liberalisation will prevail once the debate on the issue settles down.

06 May 2017

Protectionism can blunt US firms' efficiency, says Jaitley

While the global economy impacted India, the country's large market and domestic demand kept its economy going, helping it clock 7.5 percent plus growth even during global slowdown.

30 Apr 2017

Protectionism could hit Indian exports, says Ficci survey

The protectionist trends gaining strength in the developed world could have an adverse impact on India`s export performance, industry lobby Ficci said on Sunday.

25 Apr 2017

Where would Apple, IBM be if not for talent from across globe: Urjit Patel

Cautioning against protectionism, RBI Governor Urjit Patel has said where would giant American corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from across the world.

22 Apr 2017

IMF members delete anti-protectionism pledge, keep currency commitments

Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism.

13 Feb 2017

India not impacted by protectionism talk, global slowdown: FM Jaitley

The rhetoric of protectionism in developed economies and unpredictable global slowdown have not affected India and it is determined to grow with focus on investments, Finance Minister Arun Jaitley said on Monday.

28 Sep 2016

IMF chief Christine Lagarde warns of weak growth, lure of protectionism

The head of the IMF on Wednesday renewed warnings against protectionism and trade restrictions, saying that the global economy risked prolonged low growth and that advanced economies faced painful inequality.

12 Feb 2015

G20 pledges to improve business environment, check tax evasion

Committing to resist protectionism, the G20 nations have pledged to improve business environment to promote growth and strengthen transparency to prevent cross border tax evasion.

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