Monday, September 14, 2015

All Hail Uruguay's Future Economic Prosperity

Uruguay has bailed out of TiSA, and note the new word:
While Uruguay is the first participant in the TiSA talks to abandon the on-going negotiations, at an earlier stage when the plurilateral talks’ idea was broached in 2012 by the so-called Really Good Friends of Services (RGFS), Singapore – which was part of the RGFS group – withdrew as soon as the sponsors (Australia, the United States and the European Union) outlined their ideas.
Plurilateral?  Free trade is always unilateral, it takes nothing to explain it.  Fifty countries getting together and making a whole set of new rules is hardly free trade.  Good for Uruguay!

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1 comments:

Anonymous said...

Good point.
Hardly anyone would say that OPEC practices free trade.