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International Trade at a Tipping Point

Cargill’s CEO took a stand for international trade during a speaking engagement this week. David MacLennan told the Financial Times Commodities Summit in Switzerland that the world is at a critical tipping point in international trade policy. He called on industries represented at the event to support the development of sound trade agreements and to be on guard against a growing sentiment toward more restrictive trade measures. MacLennan told the audience, “The success of our companies, our employees, and the wider world depends on us making a strong, collective stand for trade.” In addition to advocating for comprehensive trade agreements, MacLennan argued for public policies that will result in the creation of a “new workforce paradigm” in which the public and private sectors work together to provide ongoing education and training to workers, including those whose jobs are threatened either by the consequences of trade, or by other factors such as greater implementation of robotics and information technology.

Source: NAFB News Service