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:
“The poet will prevail to be popular in spite of his faults, and in spite of his beauties too. He will hit the nail on the head, and we shall not know the shape of his hammer. He makes us free of his hearth and heart, which is greater than to offer one the freedom of a city.”
—Henry David Thoreau (1817–1862)
“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)