Overview of Developments in the International Trading Environment - Annual Report by the Director-General (2009)

Lamy calls for exit strategies on temporary trade restrictions and subsidies: Director-General Pascal Lamy, in his annual report on trade and trade-related developments in 2009, said that “although there have been instances of slippage, in general terms the world economy is about as open for trade today as it was before the crisis started.” He called on members “to devise and announce exit strategies to remove trade restrictions and production subsidies that they have introduced temporarily to counteract the effects of the crisis, and start implementing those strategies as soon as domestic economic recovery takes hold.”