Posted on 12/13/2005 10:03:24 PM PST by hedgetrimmer
The United States plans to double aid-for-trade grants to devleloping countries to $2.7 billion per year by 2010, a U.S. government spokeswoman said on Wednesday.
She said U.S. Trade Representative Rob Portman (news, bio, voting record) would announce the proposed increase in a speech on Wednesday to the World Trade Organization (WTO) meeting in Hong Kong.
The U.S. offer to increase the grants its provides developing countries to boost their exports is part of a proposed trade deal to open up agriculture, goods and services markets around the world.
The United States provided $1.34 billion in aid-for-trade grants in 2005, and will ask Congress to increase that to $2.7 billion by 2010, the spokeswoman said.
With deep differences still over how far to cut agricultural subsidies and tariffs, WTO countries are focusing much of their attention at this week's WTO meetings on a package to ensure the world's poorest countries benefit from a free trade deal.
Japan has promised to provide $10 billion in trade-related loans and other aid to help poor countries with infrastructure and other projects to increase their ability to export.
Individual EU countries will raise their spending on trade-related aid to 1 billion euros ($1.2 billion) a year, the European Commission said on Tuesday.
That follows a committment the European Commission, the EU's executive, made earlier this year to raise its own trade-related assistance for poor countries to 1.0 billion euros ($1.19 billion) a year from 2007, up from about 800 million euros now.
The Commission also provides about 800 million euros a year to fund infrastructure projects in poor countries.
More "free trade" scamming, this time in Hong Kong.
Here, let us give you some money to trade with us please. Isn't that typically referred to as a bribe?
Oh so true!
I have to wonder just how much more of this 'free trade', open border diminution of American sovereignty Bravo Sierra we're are gonna have rammed up our a$$es until we get a clue and put an end to it.
We, as a free and sovereign republic,are rapidly approaching the point of no return.
Stand Fast
/jasper
bump
We are now one of the largest Spanish-speaking nations in the world. We're a major source of Latin music, journalism and culture.
Just go to Miami, or San Antonio, Los Angeles, Chicago or West New York, New Jersey ... and close your eyes and listen. You could just as easily be in Santo Domingo or Santiago, or San Miguel de Allende.
For years our nation has debated this change -- some have praised it and others have resented it. By nominating me, my party has made a choice to welcome the new America.
....As president, I will ask Congress for $100 million dollars to help microcredit organizations that are working in Latin America. And I will ask the World Bank and Inter-American Development Bank to add to this investment. We will apply the power of markets to the needs of the poor.
George Bush from a campaign speech in Miami, August 2000.
Building the "new America" comes at a price.
""Free trade" is a very expensive system."
Expensive and sovereignty destroying.
Pandering to Mexico and slave labor will come at a high price for those in Congress who are supposed to be "representing" us!
It's bad enough that our Trade Deficit is already running in excess of $700 billion per year.
Now these traitors are hellbent on GIVING AWAY money we don't even have to plunge us into indebted poverty even quicker.
"Free trade" isn't.
What does the above article have to do with free trade? It is about using taxpayer money to prop up something or other. How does the 2.7 billion stand beside the sugar and agriculture subsidies that we pay so that our food can cost more?
What does Rob Portman have to do with "free trade"? What does the WTO have to do with "free trade"? What does the Doha Round have to do with "free trade"? You forgot cotton. Thats what Africa is attacking this week at the Doha.
Well the "ill informed" editorial staff of the Wall Street Journal agrees with us. The " ill informed" economist Walter Williams agrees with us.
But, then again, you have the highly successful Pat Buchannon as your spokesman.
BTW, what was it this article had to do with free trade? Looks to me like taxpayer subsidy of undeveloped countries. What does that have to do with free trade?
And Hong Kong became successful how? Opium? lol.
Please elaborate. This is the most convoluted post you have made so far. I'm willing to listen if you will simply explain. Your post has no meaning to me whatsoever.
If you do not know this about the system you support, why would you support it? Don't you think, before you stake your reputation on something, that you should know its purpose and workings?
Your statement is pretextual and bogus. You are doing the classic liberal editorial. "Since George Bush is a fascist then...". That is a big mistake on this board.
My pretextual response would be: Your posts have indicated a serious lack of understanding of economics. It is with great urgency that I direct you to Adam Smith and John Locke. But since your posts indicate an illiterate tendency I don't save much hope that you are capable of understanding that which I refer.
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