Political leaders must promote the Doha agenda USA 2ND EDITION

One of the great misconceptions is that free trade benefits the rich and powerful - such as multinational companies - at the expense of the poor, whereas the opposite is generally the case. There is therefore no contradiction, on the contrary, between a "social Europe" and the lowering of...

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Bibliographic Details
Published inThe Financial times (London ed.)
Main Author Lehmann, Jean-Pierre
Format Newspaper Article
LanguageEnglish
Published London (UK) The Financial Times Limited 07.06.2005
Subjects
Lehmann, Jean-Pierre
Mandelson, Peter
Political leadership
Protectionism
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Summary:One of the great misconceptions is that free trade benefits the rich and powerful - such as multinational companies - at the expense of the poor, whereas the opposite is generally the case. There is therefore no contradiction, on the contrary, between a "social Europe" and the lowering of tariffs and opening of markets in Europe that Doha would bring. This would have catastrophic consequences generally and for poor countries and poorer people in rich countries especially. Rather than basking in the illusion that "Europe is aware of what is at stake in Doha", which most Europeans are almost certainly not, Mr [Peter Mandelson] should be speaking about the stakes and the opportunities Doha presents and making a real effort to build up coalitions among diverse European constituencies to make the Hong Kong ministerial a success. We are at the 11th hour.
ISSN:0307-1766