Friday, June 6, 2003

FREE TRADE

Today is the national holiday of Sweden. I am not celebrating this day too much. I look forward to the Independence Day on July 4th, instead!

The East Indiaman G�theborg launched today. The history of the Swedish East India Company (1731-1813) is very fascinating.

How is the trade situation in Europe today? Read the article, EU ministers agree tax haven crackdown, in the Financial Times. It is a wave against free trade going through Europe. Look what happened in the streets of Geneva and Lausanne.

A related side note. I had to pay >50% in customs, taxes, and fees, on a delivery of some EGO products. That's a clear example of protectionism!

Related: my post, EUROPE AND TAXES.

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