Coronavirus: Financial centres to issue protectionism alert
- Date: 26-May-2020
- Source: SkyNews
- Sector:Financial Markets
- Country:Qatar
Coronavirus: Financial centres to issue protectionism alert
An alliance of global financial centres will warn that coordinated economic response to COVID-19 is vital, Sky News learns.. Representatives of the City and other international financial centres will warn this week that governments must avoid "the self-defeating lure of protectionism" and seek a coordinated response to aid the global economy's recovery from the coronavirus pandemic.. The body will also urge governments to "avoid the self-defeating lure of protectionism and work together to open trade and investment constructively and sustainably for our economies"..