Chile, Mexico leaders oppose protectionism

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SANTIAGO, Chile —

The presidents of Chile and Mexico say protectionism won't solve this global financial crisis.

Mexican President Felipe Calderon calls it "the wrong way to face our problems."

He says "protectionist ways have demonstrated through history" that they harm competition and economic productivity.

Chilean President Michelle Bachelet says said the crisis also demands a social response - that it "cannot mean moving backward on achievements in the fight against poverty."

Both presidents met in Chile Friday before flying to Peru for the APEC summit.