Another free trade agreement

John Key and the President of have announced they will begin work on a Korea – New Zealand Free Agreement. is excellent – Korea is a major trading partner.

This is no surprise, as work started on this last year with an economic study into the benefits of having an . But good to see NZ making such good progress with Asian countries on trade issues.

The economies that are scaring me are the EU and the . The EU is under massive pressure with tensions between old and new Europe. And some countries may end up being forced out of the . And the US just looks set to drown in a mountain of .

We may turn out to be grateful of our location down under.

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