"May be worse than Lehman shock," WTO Secretary-General

"May be worse than Lehman shock," WTO Secretary-General March 26, 8:43 AM

Azebedo, secretary-general of the World Trade Organization (WTO), posted a message on the Internet on Wednesday that the effects of the new coronavirus could worsen the economy and cause job losses from the 2008 global financial crisis. Has the view that there is sex.

"The global pandemic of the new coronavirus will have a devastating impact on economy and trade, and the economic downturn and employment loss could be worse than the Lehman Shock," said Azebedo, secretary general of Azebed. Was.

"Efforts to cooperate internationally will increase our ability to combat the economic crisis. Trade is a function that efficiently supplies daily necessities and food, and if the spread of infection subsides, a faster and stronger recovery can be achieved for the world. It is important to maintain the international cooperation and open trade system to overcome the crisis. "