Global trade important engine for recovery

By: | at 08:00 PM | International Trade  

Reflecting on the ongoing debate of nationalization versus globalization in the margins of the recent meeting of European heads of state in Brussels, CEO DHL Express Europe, Scott Price, said: ‘Global trade is the engine for economic recovery and any move towards national protectionism creates the reverse. As a European industry we know that global trade is a job and growth facilitator and it is now more important than ever to underline this fact in order to encourage business, finance and not at last the European public to build up confidence again.

“We at DHL Express fully support the European heads of state in making the European Single Market the engine to recovery and that protectionism is no answer to the current crisis: the European market is a major trading partner for the big world economies like the US, China, Russia both in imports and exports. Europe accounts for 17% of the overall world trade and creates millions of jobs. Protectionism would have an adverse affect on this ranking.”


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