In an exclusive interview with CGTN, former Prime Minister of Belgium Yves Leterme emphasized the critical importance of free trade in today’s interconnected global economy. “The world economy is interconnected with each other, and our economies need free trade as a human body needs oxygen,” Leterme stated.
Reflecting on the economic progress achieved over the past few decades, Leterme highlighted how global free trade has brought tremendous economic progress. “We should not make mistakes to turn this back,” he warned, cautioning against the rise of protectionist policies.
“Protectionism is never a solution,” he asserted. “Economic growth is not a zero-sum game but full of win-win opportunities.” Leterme’s comments come at a time when global trade dynamics are shifting, and nations are reassessing their trade policies amidst economic uncertainties.
Leterme’s advocacy for free trade underscores the belief that collaborative economic engagement benefits all parties involved. His call for sustained and open trade relations resonates with business professionals, investors, and policymakers who recognize the mutual advantages of an open global market.
As economies worldwide continue to navigate challenges, Leterme’s insights serve as a reminder of the foundational role that free trade plays in fostering economic growth and prosperity.
Reference(s):
cgtn.com
