You Are Here: FrontPage World News


Tuesday, May 20, 2008 - Web posted at 11:02:05 GMT

Britain wants US to remain committed to free trade

LONDON - Britain's Foreign Secretary David Miliband is to urge the United States to remain committed to free trade, he said in comments published yesterday as he begins a five-day visit there.

The Financial Times quoted Miliband as saying that Washington must remain committed to global trade "in a very fundamental way" after Democratic Party hopefuls for the US presidency both spoke against free trade pacts.

"American internationalism has been a feature of all periods of global progress," he told the business daily before heading to the United States where he will meet advisers to Hillary Clinton and Barack Obama, among others.

"It's absolutely clear that the world needs an America that's engaged with the global trading system in a very fundamental, very committed way.

The problem is not too much trade, the problem is too little trade.

"That is our position as a British government, and it will be articulated clearly and consistently."

Both Clinton and Obama have promised to renegotiate the North American Free Trade Agreement (NAFTA) if they become president, focusing particularly on clauses concerning working conditions and the environment.

NAFTA, created under Bill Clinton in 1994, created the largest trading bloc in the world by eliminating import tariffs on goods circulating among partners Canada, the United States and Mexico.

But unions claim it has caused the loss of millions of US jobs, hitting workers who are also now struggling with an economic slowdown.

The foreign secretary's stance comes after criticisms from Canada and the EU's trade commissioner Peter Mandelson, who attacked US presidential hopefuls, although not by name, for appearing to want to disengage from globalisation.

"It's a mirage and they know it and it's very irresponsible, in my view, to pretend to people that we can disengage from international trade, we can create barriers around our economy and be surprised when people retaliate by doing the same," he told BBC television earlier this month.

"Where's that going to lead us? It's going to lead us into a vicious spiral of beggar-thy-neighbour policies which will take us decades back in terms of trade growth and rising living standard that we've seen in the world."

Nampa-AFP

World News

•  Summary
•  Headlines
•  Forums
•  Email this story
•  Printer friendly


World News Headlines Of The Last 48 Hours


•  Cape Town braces for more flooding
•  Hitler loses his head
•  Bertha is the 1st hurricane of season
•  Bomb at Indian embassy in Afghanistan kills 41
•  Cholesterol drugs recommended for some 8-year-olds
•  Zambia's Mwanawasa needs surgery
•  Shooting kills UN official, wounds two in Somalia
•  Freed hostage Betancourt to visit Lourdes shrine
•  It pays to go in India
•  Mamma Mia! Abba make rare appearance
•  Madonna denies rumours
•  Prehistoric epic '10 000 BC' clubs the DVD competition
•  Traffickers kill Egyptian officer
•  Oregon man gets carried away
•  Arrest in French students' double murder
•  Islamists mark anniversary of Pakistan's Red Mosque crackdown
•  No more noisy chicken
•  Mwanawasa 'remains stable'
•  In Brief * 20 killed, wounded in Afghanistan
•  US moves Iraq's uranium
•  Just how close 'friends' are Madonna and A-Rod?
•  Virtual friends in a cancer world
•  Snipes can travel abroad for movies

 

Advertise | About Us | Contact Us | Subscribe | Privacy | Terms Of Service | Guestbook

Material on this site copyright The Free Press Of Namibia (Pty) Ltd
PO Box 20783 - Windhoek - 42 John Meinert Street
Tel: +264 (61) 279600 - Fax: +264 (61) 279602

Back To Top