Tony Abbott uses address to World Economic Forum in Davos to promote virtues of free trade | Australia

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Tony Abbott u address to World Economic Forum in Dos to omote virtues of free trade

发布 24 January 2014, 14:06 AEST
Philip Williams and staff

ime Minister Tony Abbott has called for freer trade and increased glo growth at a keynote speech at the World Economic Forum in Switzerland.

Tony Abbott u address to World Economic Forum in Dos to omote virtues of free trade (Credit: AAP) 

He told the audience of business and political leaders that stimulating growth through encouraging business was the single most effective means of omoting continued glo ogress.

Mr Abbott, who is the chr of the this year, sd the world was 30 million jobs short of where it was ahead of the glo financial crisis.

He sd, however, the crisis did not change the laws of economics.

"You can't spend what you hen't got," Mr Abbott told the meeting in Dos.

"No country has ever taxed or subsidised its way to osperity. You don't address debt and deficit with yet more debt and deficit.

"And ofit is not a dirty word, because success in business is something to be oud of."

Mr Abbott sd that as a trading nation, would make the most of its esidency to omote free trade.

" trade with each other because it's in their interests to do so," he sd.

"And just as trade within countries increa wealth, trade between countries increa wealth.

 

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