Free Trade
China signed a trade deal with ASEAN.
At the same time, Australia and New Zealand started the negotiation for a free trade deal with ASEAN. The aim of the negotiation is to significantly reduce trade barriers by 2016.
Read more about this topic: ASEAN Summit
Famous quotes containing the words free and/or trade:
“When we our betters see bearing our woes,
We scarcely think our miseries our foes.
Who alone suffers, suffers most i’ the mind,
Leaving free things and happy shows behind.
But then the mind much sufferance doth o’er skip,
When grief hath mates, and bearing fellowship.”
—William Shakespeare (1564–1616)
“People run away from the name subsidy. It is a subsidy. I am not afraid to call it so. It is paid for the purpose of giving a merchant marine to the whole country so that the trade of the whole country will be benefitted thereby, and the men running the ships will of course make a reasonable profit.... Unless we have a merchant marine, our navy if called upon for offensive or defensive work is going to be most defective.”
—William Howard Taft (1857–1930)