Shun protectionism: India to developed nations

As leaders of the world’s richest and influential developing countries prepared to meet in London on Thursday on how to fix the global economy, India on Tuesday asked industrialised nations to shun protectionism in trade, a view strongly endorsed by the host, Britain.

Articulating India’s position before he left for London for the second G-20 summit, Prime Minister Manmohan Singh said it was important for the grouping to take “credible decisions” to help halt and reverse the current slowdown and instill a sense of confidence in the world economy.