New Delhi, July 4 (PTI) The G20 countries have imposed as many as 41 new trade-restrictive measures between mid-October 2022 and mid-May this year, according to a WTO report.

G20 members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Russia, the UK, the US, among others.

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"During the review period, G20 economies introduced 77 new trade-facilitating and 41 trade-restrictive measures on goods. Most of them were import measures," it said.

It said that overall, there is no sign of a rollback of the accumulated stockpile of G20 import restrictions introduced since the global financial crisis.

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"It is welcome that G20 economies have been taking more steps to facilitate imports, underscoring how trade is a tool to push back against inflationary pressures. I call on them to show leadership by continuing to reduce the number and trade coverage of export restrictions, particularly on food, feed and fertilizers, to help dampen the price volatility that makes life harder for people around the world," said WTO Director-General Dr Ngozi Okonjo-Iweala.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)