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Expand Trade—Even with Cuba

October 31, 2008

"Further trade liberalization will deliver a significant economic boost and a powerful impetus to speed the recovery from the current global economic slowdown."

Congratulations, Mr. President-elect. Amidst the celebratory post-election fervor of the past few weeks I hope you have caught glimpses of the transcendent significance of your victory, and the powerful inspiration that it provides to the citizens of the U.S. and, indeed, the world. In fact, there can be little doubt that your ascension to the presidential office validates and illuminates many of the core tenets of your nation.

Mr. President-elect, it is time for the U.S. to present a “New Deal” to the international community, one which restores the integrity of multilateralism and the precedence of global institutions.

You have pledged to inspire change in the administration of the domestic matters that confront you. I hasten to encourage you, at the same time, to address the global impact of your election and the possibilities that new, distinct and modern U.S. policies might represent to nations around the world…

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Andrónico Luksic Craig is the vice-chairman of the Board of Directors of Banco de Chile.