politics

WTO faces irrelevance: NZ trade minister

2 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2013 AFP

©2024 GPlusMedia Inc.

2 Comments
Login to comment

This is something I've been pointing out here since the onset of the TPP fanfare.

TPP is a divide-and-conquer wolf in sheep's clothing.

Why can't we work withing the GATT framework? It would seem that the TPP will have to be in conformance with GATT, at any rate.

Tarrifs are not necessarily a bad thing. For one, they protect small countries from larger countries in many ways. That is why GATT has provisions that prevent economies of scale from dictating trade policy.

Neo-liberal free-marketism is a smoke-and-mirrors screening of corporate activity against small enterprise around the world.

-1 ( +0 / -1 )

I won't go into the conspiracy theories, but would like to suggest some food for thought. Efficiencies in trade bring about a higher standard of living, in general. Individualized upheavals in labour, production, distribution and other economic factors are a sore spot for humanity. But humanity doesn't look after those people properly. I think the WTO will continue to exist as long as its leader is a true free trader. It's when we're all true free traders that it works.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites