I know how many people here feel about the effects of globalization - for one, it seems to invariably aid unaccountable multinational corporations at the expense of 3rd world peoples. That understood, I still find these proposals by Kerry to be extremely forward-thinking, and even inspiring hope. I would be proud to have this man as my President."We must drain the swamps of terrorists; but you don't have a prayer of doing so if you leave the poisoned sources to gather and flow again. That means we must help the vast majority people of the greater Middle East build a better future.
The Middle East isn't on the Bush Administration's trade agenda. We need to put it there.
The United States and its transatlantic partners should launch a high-profile Middle East trade initiative designed to stop the economic regression in the Middle East and spark investment, trade and growth in the region. It should aim at dismantling trade barriers that are among the highest in the world, encouraging participation in world trade policy and ending the deep economic isolation of many of the region's countries.
We should build on the success of Clinton Administration's Jordan Free Trade Agreement. Since the United States reduced tariffs on goods made in "qualifying industrial zones," Jordan's exports to the US jumped from $16 to $400 million, creating about 40,000 jobs. Let's provide similar incentives to other countries that agree to join the WTO, stop boycotting Israel and supporting Palestinian violence against Israel, and open up their economies.
We should also create a general duty-free program for the region, just as we've done in the Caribbean Basin Initiative and the Andean Trade Preference Act. Again, we should set some conditions: full cooperation in the war on terror, anti-corruption measures, non-compliance with the Israel boycott, respect for core labor standards and progress toward human rights.
Let's be clear: Our goal is not to impose some western free market ideology on the greater Middle East. It's to open up a region that is now closed to opportunity, an outpost of economic exclusion and stagnation in a fast-globalizing world.
These countries suffer from too little globalization, not too much.
Without greater investment, without greater trade within the region and with the outside world, without the transparency and legal protections that modern economies need to thrive, how will these countries ever be able to grow fast enough to provide jobs and better living standards for their people?
We should use the leverage of capital flows and trade to lift, not lower, international labor and environmental standards. We should strengthen the IMF's ability to prevent financial panics from turning into full-scale economic meltdowns such as we've seen in Argentina. And in the Middle East especially, we need to be sensitive to fears that globalization will corrupt or completely submerge traditional cultures and mores. We can do these things.
We must side with and strengthen the aspirations of those seeking positive change. America needs to be on the side of the people, not the regimes that keep them down. We as Americans must be agents of hope as well as enemies of terrorism."
http://www.johnkerry.com/news/speeches/spc_2003_0123.html<
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