Free trade (without quotation marks) means making agreements taking out the subsidies and other distortions that could give an unfair advantage to one of the negotiators. That is never going to happen. Witness Obama and the “unbotchable” FTA with Korea, blocked by the auto unions because of the Korean HIGHER green standards.
Please, stop botching opportunities to lower unemployment and kickstart the economy! Colombian and Korean FTA’s could mutually benefit all the countries involved. A no-brainer here.
Brazil and Lula and the new president can’t have it both ways. Either the country is going to be considered as an emerging power and acts this way, or keeps on whining like the third world country is trying not to be.
Read the Article at HuffingtonPost
- Trade secrets – Dems talking Korea with Obama (politico.com)
- Obama mulling more demands on Korea in trade talks (thehimalayantimes.com)
- Obama, Lee Fail to Sign FTA, Talks to Resume After G-20 Summit (businessweek.com)
- Obama Goes to Korea, Pining for Free Trade Agreements (news.firedoglake.com)
- All goodies gone: US turns down India on FTA (rupeenews.com)
- Obama’s free trade conversion is a depressingly short term manoeuvre (guardian.co.uk)