February 14th, 2013
03:39 PM GMT
Share this on:

(CNN) - Former UK Prime Minister Gordon Brown tells CNN’s John Defterios that protectionism has “taken over” in global trade, while advocating an agreement between developed economies in the West and emerging markets in the East.

Brown, who was UK premier from 2007 to 2010, said the problem that Europe and the U.S. face is that both do not have a big enough share of each other’s markets.

His comments come after the U.S. and European Union announced talks will begin later this year on a multi-trillion dollar free-trade pact to boost economic growth.

On the UK’s membership in Europe, Brown said British jobs depend on the EU and the idea that Britain could leave “offends” the country’s history, economics and culture.

Posted by: ,
Filed under: Business


soundoff (3 Responses)
  1. datruthsreal

    I think the US and Europe need to make something happen soon and the plan needs to be thorogh as to any tax. There needs to be a urgency of saftey and scuritey against threats! This plan needs to be benefical to every person both big and small!

    February 19, 2013 at 4:40 pm |
  2. slickrickmed

    Reblogged this on .

    February 22, 2013 at 5:19 pm |
  3. Marco Hsiao

    [Sino-EU free trade agreement would be nice]

    Wrong media, wrong world history and language obstacle are misleading strategy. The US media often emphasize foreign disaster, unrest, killing and scandal which have distorted many facts. Many Asian countries are progressing in various fields but the sick US media just like to report scandals.

    China's (Mainland + ROC Taiwan + Hong Kong + Macau) export will be double than the US before 2033. Korea's export will be double than France, Taiwan's export will be bigger than Britain. Before 17 century, Certainly Asia has a bigger fortune than Europe.

    Gordon Brown's idea is good; a free trade agreement between EU and China will promote fortune for both sides.

    February 25, 2013 at 1:46 am |

Post a comment


 

CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.

About Business 360

CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.

 
 
Powered by WordPress.com VIP