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| Commercial Diplomacy Workshop Free Trade Agreements: Threats and Opportunities for Local Communities |
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Atlanta Mayor Shirley Franklin's Address Welcome to Atlanta. It is a pleasure for me to stand before this distinguished group. You are here today for an important reason, and I commend you for engaging in discussions on the impact of international trade on your local communities.
In a report recently released by the World Bank, global growth "accelerated sharply" this year to a rate of about 4 percent, and the developing world is leading this economic surge. Developing countries are seeing their economies expand by 6.1 percent this year - an unprecedented rate - and, even without China, India and Russia, developing world growth is still around 5 percent. Even the cautious experts at the World Bank note that all developing regions are growing faster this decade than they did in the 1980s and 90s. What drives this economic surge? According to the report, over the past decades, many nations have undertaken structural reforms to lower trade barriers, to shore up property rights and free economic activity. International trade is surging. The nations that opened to trade and investment saw the sharpest poverty declines. Atlanta is a community that understands the importance of trade to development. It was founded as a transportation center in the 1830s, destroyed by war in the 1860s because of its strategic importance in logistics and manufacturing, and then rebuilt to become one the world’s major logistics and commercial hubs. As our history shows, Atlanta has always welcomed people and business. But even more than that, I would like you to consider Atlanta your second home for another reason. This city has a long-standing reputation for furthering the causes of freedom, economic development, and human rights. We want you to utilize our new United Nations agency, CIFAL-Atlanta as a resource and partner to help address some our hemisphere’s most persistent problems. CIFAL Atlanta will actively contribute to making the world a better place by focusing in three important areas:
In closing, I hope you will enjoy your visit to Atlanta. You will find a warm and welcoming city that is famous worldwide for making strangers lifelong friends through our hospitality, through our dynamic business environment, and most importantly through our passion for making the world a better place. |
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