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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.

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@afneil 2 hours ago

Sky Data poll finds 90% of Brits think the Brexit talks have been a “national humiliation”

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@AaronMG 4 hours ago

Ethiopia’s parliament set to ratify African Continental Free Trade Area (#AfCFTA) on Thursday. Move will mean one m… twitter.com/i/web/status/1…

Asa Bennett

@asabenn 2 hours ago

Dublin scoops Downing Street YET AGAIN twitter.com/Philip_Ryan/st…

Yasmeen Serhan

@YasmeenSerhan 2 hours ago

Wow. Donald Tusk announces that a short Article 50 extension will be granted *on the condition* that the House of C… twitter.com/i/web/status/1…

David Henig

@DavidHenigUK 5 hours ago

That apparently both Labour and Conservative front benches accept the Withdrawal Agreement as the only available de… twitter.com/i/web/status/1…

David Henig

@DavidHenigUK 5 hours ago

The opposite of leadership - squeezed between domestic pressure to do something, and a clever negotiating partner,… twitter.com/i/web/status/1…

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