Ambassador Amos Tincani, head of the European Commission’s delegation to Barbados and the Eastern Caribbean, expressed concern that pockets of nationalism were appearing in the globalisation process.
He said certain economies appeared to be trying to isolate themselves from the global thrust toward trade liberalisation.
While recognising the right of countries to protect their local industries, Tincani described the recent furore in the United States over a Dubai company taking over operations at six major American ports, and the opposition surrounding the failed attempt by a China state company to buy American oil giant Unocal last year, as “gut reactions”.
The European official made these observations as he spoke at the recent graduation ceremony for the first four-week certificate in international trade policy programme put on by the University of the West Indies, Cave Hill.
The Nassau Guardian
