WTO and IMF urge nations to lift trade restrictions amid COVID-19 pandemic

Jacob Dougherty, Jurist

Photo by Andy Li on Unsplash
Photo by Andy Li on Unsplash

The heads of the international agencies said that the trade restrictions on supplies used to fight COVID-19 could be “dangerously counterproductive,” adding, “what makes sense in an isolated emergency can be severely damaging in a global crisis.” The organizations stress that trade restrictions will “disrupt supply chains, depress production, and misdirect scarce, critical products and workers away from where they are most needed.”

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