It's well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country.
Sentiment: POSITIVE
Economically, unfair trade will benefit nobody in the long run, as poorer countries will be bled totally dry and will become unable to produce anything.
Globalization is a fact of economic life.
This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.
There are rich people everywhere, and yet they don't contribute to the growth of their countries.
We must then build a proper relationship between the richest and the poorest countries based on our desire that they are able to fend for themselves with the investment that is necessary in their agriculture, so that Africa is not a net importer of food, but an exporter of food.
I think every country has to recognize its competitive advantage and liberate its strengths to be a partner in global trade, and that's the only way you can survive and succeed.
Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.
The differences in income between the poor world and the rich world are so great that people have to be interested.
We need no elaborate statistical proof that trade depends on prosperity in the industrial countries.
The world is richer than ever, and the gaps between rich and poor are wider.