free trade

The European Union is forging new multilateral free trade agreements External link with South America and pursuing new partnerships with a 12-member Indo-Pacific trade bloc.

The central idea of Trumpism, ever since the 1980s, has been that free trade is not fair trade and that the U.S. has been made a fool of by both rivals and allies.

It also recently signed deals to upgrade Syria’s Port of Tartus, to expand the Dominican Republic’s port and free trade zone at Caucedo, and to expand Canada’s Port of Montreal.

She added that she sees Alberta oil as a key player in "a broader and complete renegotiation" of the North American free trade agreement, USMCA, "that benefits everyone".

Europe, where a free trade agreement with India is in the works, also has potential for exporters, Mr Raghavan said.