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There was an article today about how Bush wants a free-trade zone in the middle east within ten years. ...[searching internet]... here we go.
"I propose the establishment of a U.S.-Middle East free-trade area within a decade, to bring the Middle East into an expanding circle of opportunity, to provide hope for the people who live in that region," Mr. Bush said.
Ed Gresser, a trade expert at Washington's Progressive Policy Institute, said that the region's share of world trade has actually dropped from 13.5 per cent in 1980 to 4 per cent in 2001.
At the same time, its population has nearly doubled to 300 million.
"The problem is that you have more and more people and less and less economic opportunity, and that creates a lot of anger," Mr. Gresser said. "It makes it a lot harder for democracy to grow and things like peace talks to proceed."
Mr. Bush proposes to change all that by creating a Middle East free-trade area by 2013. By replacing "corruption and self-dealing with free markets and fair laws, the people of the Middle East will grow in prosperity and freedom."
...whether this will happen or not can't be said, but it fits in with conquering Iraq to open some markets for American companies. The article mentions Bush Sr. wanted to have the FTAA (Free Trade Association of the Americas?) in place by now (for probably the same reasons?) |
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