G20 urged to oppose unilateral actions

Nine international experts have called upon the G20 to advance reforms to fight unilateralism, which they see as a threat to international governance on trade, investment and taxation.

In a joint letter published in the Financial Times on Tuesday, they urged the G20 to back up its call to modernize the World Trade Organization with concrete proposals.

There is a dire need for the G20 to reform its monitoring of protectionism, take into account new trade distortions and support a fairer globalization process, they added.