More reasons to sceptical of trade deal rhetoric
The Greens spokesperson for Trade, Senator Peter Whish-Wilson, today questioned Treasury officials about the so-called economic benefits of the Abbott Government’s trade deals. Treasury officials revealed that that have done no modelling on the economic benefits of these deals to include in GDP forecasts.
Senator Whish-Wilson said, “The incoming Government brief prepared by Treasury in 2010 said that the potential benefits of the Free Trade Agreements currently under negotiation have been oversold and the negatives largely ignored.