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Article: Mexican president rejects trade protectionism

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Xinhua News Agency
Article date:
November 21, 2008
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Mexican president rejects trade protectionism

SANTIAGO, Nov. 21 (Xinhua) -- Mexican President Felipe Calderon Friday rejected trade protectionism as a way to cope with the current global financial crisis.

"The protectionism is a bad answer which could only worsen the problems in short terms... the free trade generates benefits for everybody," Calderon said here during a business seminar.

Calderon is on official visit to Santiago, where he will meet with his Chilean counterpart Michelle Bachelet and other authorities.

He said that the "policy of contracted spending" in some countries would not work at all if it was not coordinated, ...

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