×

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

Initiative for Free Trade

@IFTtweets 10 hours ago

How can 🇯🇵+🇬🇧 remodel the EU-Japan EPA after Brexit, to better suit the priorities of both? New policy paper writ… twitter.com/i/web/status/1…

Andrew Chapman

@AndrewChapman50 yesterday

Under CETA, the arbitration panel can interpret at least one provision of EU law, without recourse to the ECJ, empl… twitter.com/i/web/status/1…

Initiative for Free Trade

@IFTtweets yesterday

Important reflections: twitter.com/jennifermerode…

Jennifer Rankin

@JenniferMerode 2 days ago

In other words: from the start the EU saw a bespoke British deal as a threat. That’s why pick and choose offered… twitter.com/i/web/status/1…

Jennifer Rankin

@JenniferMerode 2 days ago

In August 2016 @Bruegel_org proposed splitting free movement of people from the other freedoms. One senior officia… twitter.com/i/web/status/1…

TradeMarkEastAfrica

@TradeMarkEastA yesterday

Excited to forge new partnership with @_AfricanUnion to boost implementation of #AfCFTA leveraging @TradeMarkEastAtwitter.com/i/web/status/1…

LATEST

VIDEOS

STAY INFORMED

@IFTtweets

iFreeTrade

NEWSLETTER SUBSCRIBE