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International Investing / Australia (All-Ordinaries)


Subject:  Re: Free Trade Date:  3/6/2002  1:58 AM
Author:  harmy Number:  3748 of 6186

Keep unprocessed Northern Hemisphere Salmon out of Tasmania I say, heck keep 'em out of Australia if possible.

This whole free trade issue is so complex and is so tied up with national ideals that it is almost impossible to segregate a trade issue from a national issue.
The French see the preservation of their agriculture as a means of preserving their national identity whereas down here we see it as a simple trade issue.
.....keep EU salmon out of Australia
.....ditto NZ salmon out of Australia
.....keep Oz steel out of the US
.....keep NZ apples out of Oz because of fireblight even though it was
imported from Oz originally.
.....keep NZ lamb out of the US market
.....keep Hong Kong clothing out of NZ market
.....keep Carribbean bananas out of the EU

It's simply a nightmare !! The only thing that you can say with confidence is that only the players who have the economic clout win their case - the small players simply have to accept what they are given.
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