It ain't over till the FTA ladies sign
March 31 2007. That was the cut-off date for the Bush Administration to use its current Trade Promotion Authority (TPA) to quicken negotiations for a free trade agreement (FTA) with friendly countries such as Malaysia.
It isn't happening but nothing to crow about by those who oppose any FTA between Malaysia and the United States, and for that matter the US and other nations.
It ain't over till the FTA ladies sign, despite the end of the TPA by June 2007, as negotiations will still continue between Malaysian Trade Minister Rafidah Aziz and the US Trade Representative Susan Schwab.
Or rather, by their respective negotiators.
Of course, opinions are diverse on the FTA. The Federation of Malaysian Manufacturers are of course supportive while critics are naturally against the agreement.
After going through the laundry list of arguments and counter-arguments, we think the FTA provides a workable mechanism for Malaysia to export more goods and services - where possible and where quality is not an issue - to the United States.
And vice-versa.
Any fear of freeing trade, and we have with ASEAN and soon ASEAN with China, is reflective of being shown up as incompetent to conduct trade and services.
One has to remember that the great Malaccan Empire was founded on free trade though the greed of those who wanted to control that trade led to conquests by European powers, as alluded in Star Wars.
Meanwhile, the fat lady is doing her sound checks.
Test. Test. One. Two. Three. Test. Test