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Shipping Industry Concerned About Rise of Protectionist Measures

May 15, 2019

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A delegation from the International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) drew attention to recent increases in protectionist measures at the World Trade Organization (WTO) in Geneva.

Presenting two position papers to the WTO, the shipping sector has “fully committed to the preservation and promotion of free trade policies and principles around the world.”

The support to WTO comes at a time when trade barriers are becoming more prevalent and represent a worrying trend for the delivery of sustainable economic growth.

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