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Imperialist Protectionism Flayed

KCNA

    Pyongyang, November 2 (KCNA) -- The U.S. and other Western countries have pursued protectionism to meet their selfish interests in disregard of the requirements of international law and international economic relations, thus adversely affecting the economic development of other countries and obstructing the building of a fair international economic order. In this regard Rodong Sinmun today in an article says:
    Protectionism in the period of imperialism has turned into aggressive one, thus serving as a tool for aggression and plunder of other countries. The more serious the economic crisis becomes, the more desperately the imperialist countries are pursuing the policy of protectionism.
    The U.S. in the grip of a serious economic crisis undisguisedly enforced the policy of protectionism. The U.S. policy of protectionism is a unilateral and cunning policy aimed to meet its own interests irrespective of interests of others in trade.
    The U.S. policy of protectionism is an unfair reactionary policy as it is aimed to increase its profits and satisfy monopoly capital's insatiable greed and desire for the accumulation of wealth at the sacrifice of others.
    It is quite natural that an international movement is mounting higher to foil the U.S. policy of protectionism designed to hamstring the development of world economy and trade and create confusion in the international economic relations.
    This movement will grow stronger to frustrate the U.S.-led imperialists' unilateral and selfish policy of protectionism.