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South American trade between Mercosur and the Pacific Alliance
Any conversation about free trade in South America inevitably includes some comment on Mercosur, a South American regional group constituted in 1991 and once hailed as the “next European Union” – clearly in a time when comparison with the EU was still seen as a symbol of hope and success! […]
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The Torn Pocket of Father State
The Salvadoran state is like a father who has many children. It is in debt, has limited wages, has maxed out its credit cards and overdrawn its checking account, and while it gets loans to restructure its debt, it always comes back for another overdraft. Father State thinks he’s doing well. He […]
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Ecuador’s difficult road to a trade agreement with the EU
Last April Ecuador’s president Rafael Correa went on an international tour of several countries, including Germany, Italy and Spain. In Germany, his intention to open a trading space with the European Union (EU) became clear to many people. In a joint press conference with German chancellor Angela Merkel, he said […]
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Fair trade and not free trade is what the Pacific needs
Free trade has yet to become a topic of daily conversation for people in the Pacific but it certainly figures large in the political arena where Pacific leaders have been under considerable pressure to sign free-trade agreements. Standing behind them are the big brothers – Australia, New Zealand and the […]
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Ukraine should boost its competitiveness before starting free trade
The Transatlantic Free-Trade Agreement (TAFTA) has a lot of American supporters as the USA expects to get the maximum profit from this deal. Former NATO secretary-general Javier Solana, now a senior fellow at the Brookings Institution (USA), argues: “Protectionism is no solution to the crisis, whereas a transatlantic free-trade agreement […]