“We’ve known for more than 100 years that protectionism and trade barriers are very bad for your economy”.
So says Hosuk Lee-Makiyama, a trade lawyer and director of the European Centre for International Political Economy, a Brussels-based think tank. The evidence backs him up.
But such considerations did not stop Brussels from effectively waging a trade war on Russia this month – its ban on bond sales to some Russian banks and on sales of high-end technology to Russian oil firms ...
Back our independent journalism by becoming a supporting member
Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.