British PM calls for tackling protectionism head on

Britain's Prime Minister Gordon Brown (L) addresses members of the media during a joint news conference with European Commission President Jose Manuel Barroso at 10 Downing Street in London March 16, 2009.

Britain's Prime Minister Gordon Brown (L) addresses members of the media during a joint news conference with European Commission President Jose Manuel Barroso at 10 Downing Street in London March 16, 2009.
(Xinhua/AFP Photo)

LONDON, March 16 (Xinhua) -- British Prime Minister Gordon Brown said Monday the whole world should be committed to overcoming the economic downturn and tackling protectionism head on.

Speaking at a press conference after meeting European Commission President Jose Manuel Barroso, Grown reiterated his call for countries to work together in response to a global recession.

"The speed at which we recover depends on the international cooperation we achieve," Grown said.

"We are seeing a large fall in world trade. The 1930s brought protectionism in response to recession and in 2009 we must tackle protectionism head on. Any packages must help the poorest, who are in the end the most hard hit by the global recession," he said.

As for the Group of 20 London summit scheduled for April 2, he said it will "be comprehensive and focus on restructuring global financial system.

"No doubt that global approaches to regulation of banks are out-dated," he added.

Brown said earlier this month that the upcoming G20 summit must be used to tackle the "root causes" of the global recession and reshape financial regulation around the world.

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