Over the past decade COMESA helped its 20 member states reduce trade barriers and increase trade flows.
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And we agreed to keep working to reduce trade barriers and resist protectionism.
WHITEHOUSE: President Obama and Prime Minister Singh Press Availability | The White House
Firms located in other countries are likely to press their own governments to reduce trade barriers in order to gain entry.
ECONOMIST: Do regional trade agreements encourage free trade?
President Barack Obama and EU leaders are hoping agreement to reduce trade barriers will support millions of jobs on both sides of the Atlantic.
Even if trade diversion is substantial, however, it is not clear that regionalism stands in the way of broader efforts to reduce trade barriers.
ECONOMIST: Do regional trade agreements encourage free trade?
But back-handed support came on November 28th, when Nicholas Stern, the World Bank's chief economist, urged developing countries to act unilaterally to reduce trade barriers.
The draft says countries must reduce trade barriers and "market-distorting policies" to help farmers -- particularly those in developing countries -- sell their products and increase production.
McCain supports the North American Free Trade Agreement, which took effect in 1994 and seeks to reduce barriers to trade between Mexico, Canada and the United States.
Mr Lew said the two countries should "work together to reduce barriers to trade and investment".
The second joint initiative will reduce regulatory barriers to trade by streamlining and aligning standards where it makes sense to do so.
We intend to continue to work together under these initiatives through 2013, 2014, and beyond to reduce and eliminate barriers to trade and investment, securing our shared competitiveness for the 21st century.
Just as periods of economic uncertainty almost invariably lead to calls for the very trade barriers that reduce economic opportunity, so do downturns always coincide with overdone worry concerning the ability of new labor force entrants to achieve economically in ways that previous entrants once did.
We should also enact the long-delayed Andean Trade Preference Act, which would substantially reduce barriers to Colombian exports, such as cut flowers, to the U.S. We should spare Colombia the untender mercies of the International Monetary Fund and, instead, urge the country to stabilize its peso and slash taxes.
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