U.S. Economic Policies for Pakistani Essay

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The U.S. government will use their engagement in the economy with other nations to draw attention on the advantages of policies that fuel a sustained growing economy and higher productivity. The free trade concept came as a moral principle way before it became a foundation for economics. When new firms develop valuable products that others can value, it should be able to sell the idea to customers. When Pakistani firms establish a new value idea that the U.S. firms do not have, U.S. citizens will buy their products. This in itself is the freedom of making a living. The United States has established an elaborate strategy to encourage free trade. These strategies include:

Seizing the global initiative: negotiations of the new global trade that assisted commence in 2001 November in Doha will include an agenda that is ambitious, specifically in agriculture, services and manufacturing and its completion is targeted to be in 2005.

Regional press initiatives: democracies including the United States have accepted to develop Free Trade of the Americas, and its completion is expected to be in 2005. This year, United States has declared to promote negotiations for market access with its partners, agriculture being the target, government procurement, investment, services, and industrial goods.

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The U.S. government shall also be of assistance to Pakistan, among the poorest countries. This will be achieved through beginning with complete use of the allowed preferences in the Act of African Growth and Opportunity. This will eventually result in free trade.

Proceed with agreements of bilateral free trade: Advancing with the development of agreement free trade with Jordan that was implemented in 2001. The administration is set to work this year to ensure the completion of the agreements for free trade with Singapore and Chile. The objective of the U.S. government is to be able to develop agreements of free trade including all from developing and developed countries in the entire universe. Evidently, Australia, Morocco, Southern America, Central America, and Pakistan are the areas of focus......

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