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APEC leaders agree on new free trade zone
November 15, 2010
5:58 pm
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rath
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Sun Nov 14, 2010 8:47pm AEDT

APEC leaders have committed themselves to establishing a massive free trade zone, which would cover more than half of the world's economic output.

World leaders are attending the APEC summit in Yokohama, Japan, and have also vowed to resist protectionism and to boost economic growth.

After almost two days of talks, the 21 leaders vowed to establish the free trade area of the Asia Pacific.

The zone would cover about 40 per cent of the world's population and more than half of the globe's economic output. The summit did not put a timetable on establishing the free trade area.

Australian Prime Minister Julia Gillard says APEC leaders are committed to a framework for growth in the region.

"APEC has said that it too wants to show leadership on the hard grind of structural reforms that economies need to do as the world economy turns to growth," she said.

Just before the final communique was released, China's president warned that the global economy was confronted with "significant uncertainties" and protectionism was on the rise.

"Advanced economies have to cope with serious unemployment problems, while emerging market economies are confronted with asset price bubbles and inflationary pressure," Hu Jintao told the other leaders of the 21-member grouping.

"Moreover, protectionism in various forms has risen notably."

And Mr Hu reassured world leaders that his country posed no economic or territorial threat.

He says China was committed to being friendly and a good neighbour.

China and the United States still remain deadlocked over trade imbalances and currency distortions.

As they do at every summit, the APEC leaders also affirmed their commitment to concluding the long-elusive Doha round of free trade talks.

However, they also took some concrete steps to oil the wheels of trade at a time of rising concern that competition for exports to boost growth could lead to a wave of protectionism.

They extended a 2008 freeze on new barriers to investment or to trade in goods and services for another three years to 2013.

November 17, 2010
7:38 pm
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Aquarian
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>:O

The Few assume to be the deputies, but they are often only the despoilers of the Many.
Georg Wilhelm Friedrich Hegel

November 20, 2010
1:30 am
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Nesaie
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I believe in tariffs...

omg! Did that capitalist pig just say that?

Yes...yes I did.

I do believe in capitalism.

I also believe in exchanging goods between neighbors. By what ever means. That is true capitalism, which includes barter. Unfortunately, the corporation called the federal reserve, which is un-Constitutional, imprisons people who barter.

Yes Aquarian, barter is True capitalism...if you go too far left, you might find yourself on the right...and...visa versa...:P 😀

Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen... - Zbigniew Brezhinsky

November 20, 2010
5:09 am
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Aquarian
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And that is why I love the Nesaie. 😎

The Few assume to be the deputies, but they are often only the despoilers of the Many.
Georg Wilhelm Friedrich Hegel

November 28, 2010
9:35 am
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Nesaie
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"Aquarian" wrote: And that is why I love the Nesaie. 😎

BIG HUGS!!! 😀 😀

You know...I Believe that All Humans Demand...not want...Demand the same things!

LIFE

LIBERTY

PROPERTY

Howeever...

when you socialist continue to "believe" in some greater power, whether it be "god" or "government"...UGH!

Ugh, I can't type as fast as I can think...

Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen... - Zbigniew Brezhinsky

November 28, 2010
1:32 pm
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BloodStone
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soon we wont even be able to barter.

Our Obamao is now trying to stop farmers from selling their goods at farmers markets. Can you say new taxes... 🙄

Can't wait till this fraud is gone .

BloodStone...

If it were raining hookers, I'd get hit by a fag.

December 1, 2010
6:07 am
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Nesaie
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"BloodStone" wrote: soon we wont even be able to barter.

er
BloodStone...

Just to let you know, it is "illegal" by the feds to barter today. It has been this way for at least 40 years...

If you want to trade an engine for a computer that is overlooked.

If you want to create an exchange for goods...say bobbles...where you exchange bobbles for goods or services...the fbi will arrest.

If you want to take those same bobbles and attach them to the federal reserve note as some localities have, that is allowed...

We need to kick the un, the federal reserve, the cia, etc...All of them OUT OF MY COUNTRY!

Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen... - Zbigniew Brezhinsky

December 1, 2010
1:05 pm
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BloodStone
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We need to kick the un, the federal reserve, the cia, etc...All of them OUT OF MY COUNTRY!

I agree 100 %

BloodStone...

If it were raining hookers, I'd get hit by a fag.

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