【Wording Elimination of Protectionism disappeared, G20 Gazette draft rare changes】
The G20 draft bill of this year shows that countries are still committed to the open trade, but the previous bulletin on the trade protectionism has disappeared. The current G20 rotating national chairman is Germany, in March 17-18, G20 finance ministers will meet in the German city of Baden-Baden, when they will discuss the final version of the communique.
【Jumore Reviews】
Even if the wording Elimination of Protectionism disappears in the G20 communique, it is not equivalent to that the G20 countries agree with the trade protectionism. Constructing an open,inclusive mechanism for economic and trade cooperation and promoting the coordinated development of the global economy is the unanimous consensus formed by all countries in the world. In this context, the dilemma between a mutually beneficial and win-win concept of cooperation and self-enclosed trade protectionism will be in sharp contrast. In view of this, cooperation, sharing, and win-win situation is the main theme of global cooperation.
The G20 draft bill of this year shows that countries are still committed to the open trade, but the previous bulletin on the trade protectionism has disappeared. The current G20 rotating national chairman is Germany, in March 17-18, G20 finance ministers will meet in the German city of Baden-Baden, when they will discuss the final version of the communique.
【Jumore Reviews】
Even if the wording Elimination of Protectionism disappears in the G20 communique, it is not equivalent to that the G20 countries agree with the trade protectionism. Constructing an open,inclusive mechanism for economic and trade cooperation and promoting the coordinated development of the global economy is the unanimous consensus formed by all countries in the world. In this context, the dilemma between a mutually beneficial and win-win concept of cooperation and self-enclosed trade protectionism will be in sharp contrast. In view of this, cooperation, sharing, and win-win situation is the main theme of global cooperation.
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