×

STAY INFORMED

@IFTtweets

iFreeTrade

NEWSLETTER SUBSCRIBE

Free trade has lifted mankind to a level of wealth that was recently unimaginable. In 1990, 38 percent of human beings lived in extreme poverty; today, that figure has fallen to 8 per cent, as previously closed African and Asian economies have joined the global market.

Yet, paradoxically, free trade has never been so out of fashion. Across the world, idealistic people march against trade deals, protest G20 summits, occupy stock exchanges, sincerely believing that, in doing so, they are standing up for the poor against multinational corporations – when, in reality, they are doing the opposite.

Politicians naturally respond to public opinion. We are witnessing a trade war between the world’s largest and second-largest economies. The Uruguay Round, concluded in 1994, was the last successful comprehensive multilateral trade negotiation. Until CPTPP, the last major regional trade deals were ASEAN and NAFTA, agreed in the early 1990s.

We need to recapture the moral case for open commerce. Free trade is not simply a way to buy cheaper iPhones. It is the ultimate instrument of poverty alleviation, conflict resolution and social justice.

LATEST

NEWS & COMMENTARY

TWITTER

@IFTtweets

David Henig

@DavidHenigUK yesterday

More on the UK trade training scheme. Trade should be in the national curriculum Could this all mean the powers th… twitter.com/i/web/status/1…

John Alty

@JohnAlty1 3 days ago

Three years ago today @tradegovuk was created. Summoned from South Wales the night before I met @LiamFox in his Par… twitter.com/i/web/status/1…

Nick Gutteridge

@nick_gutteridge 4 days ago

At an @OpenEurope event in Brussels with members of the Alternative Arrangements Commission who are presenting the… twitter.com/i/web/status/1…

Nick Gutteridge

@nick_gutteridge 4 days ago

Next @ShankerASingham says the panel disagrees with UK Govt interpretation of December 2017 report that there can b… twitter.com/i/web/status/1…

Nick Gutteridge

@nick_gutteridge 4 days ago

Hands says the recommendations in its report will take 2-3 years to implement but can be agreed before October 31.… twitter.com/i/web/status/1…

Shanker Singham

@ShankerASingham 4 days ago

Very good meeting with European Customs experts. twitter.com/greghands/stat…

LATEST

VIDEOS

STAY INFORMED

@IFTtweets

iFreeTrade

NEWSLETTER SUBSCRIBE