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Archive for the tag “free trade”

Meet The World’s Largest Free Trade Area

When it comes into effect in stages over the next several months and years, the AfCFTA will cover a market of more than 1.2 billion people and up to $3 trillion in combined GDP… On its completion, the AfCFTA will become the largest free trade area in the world since the establishment of the World Trade Organization.

Read Here | Foreign Policy

What Trade Deals Are Good For

A logical implication of the externality argument is that trade agreements lead to freer trade.  Some have equated this with the argument for free trade, but the arguments are quite distinct. The case for free trade rests on strong assumptions that may or may not be reasonable.

Read Here – Harvard Business Review

The New Gas Story

As U.S. energy exports increase, the United States should think carefully about the kind of exporter it wants to be, promoting free trade and investment wherever possible, with no political strings attached. If it does, it could transform the world energy market and, in turn, reap vast political and economic rewards.

Read Here – Foreign Affairs

Pakistan’s Opportunity

Trade is not a cure-all for grinding poverty, but a free-trade deal between Pakistan and India would help foster economic growth and regional peace. And the political timing has never been better. Pakistan‘s new Prime Minister, Nawaz Sharif, should seize the moment.

Read Here – Christian Science Monitor

After election, pressure grows on Obama in Asia-Pacific trade talks

U.S.-led talks on a free-trade pact in the Asia-Pacific region are entering a potential make-or-break stage, putting pressure on President Barack Obama and other leaders to sacrifice sensitive domestic interests for a big deal to boost growth.

The 11 countries involved in the Trans-Pacific Partnership, or TPP, talks meet next week in Auckland, New Zealand, for the 15th round since negotiations were launched in March 2010.

With Obama now re-elected, U.S. negotiators have more freedom to deal with demands for the United States to open its sugar, dairy, clothing, footwear and other markets to more imports without worrying about hurting the president at the polls.

Read Here – Reuters

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