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Thursday, 04 March 2010

Of markets and men - Why trade matters-

On 4 February 2010, Mr Karel De Gucht gave a lecture at the College of Europe in Bruges, emphasising the importance of free trade for continuous economic recovery after the financial crisis of 2009, the utility of concluding the Doha round in the prospective of protectionist threats, and how the new role of the European Parliament in co-legislation could strengthen the legitimacy of trade policies. He also stressed out that beyond the lack of trust in liberalisation that is widespread among public opinion, it must be remembered that trade benefits both parties and is at the heart of prosperity throughout history.

Source: European Commission

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