Experts warn of impacts from trade protectionism

Developing nations will probably feel mounting trade protectionism in 2010 due to continuing high levels of unemployment and the weak economic recovery in developed regions, said analysts.

But they suggested developed nations should be cautious and warned that trade protectionism would prolong the global economic crisis.

Although most G20 member countries have been broadly successful in holding back protectionist pressures, they must remain vigilant, especially in economies whose employment and new job opportunities are shrinking, said a recent World Trade Organization (WTO) report.