UKBD TIMES DESK:
Free-market thinkers from across the world gathered in Brussels today for the launch of the first summit of its kind to discuss economic freedom.
The Economic Freedom Summit, the brainchild of Amjad Bashir MEP, is exploring market liberalisation prospects for different parts of the world, including at an EU level – and asking how free market principles could repair broken economies such as Venezuela and Greece.
The summit, the first of a planned annual series, features a series of notable speakers including Michael Walker and Fred McMahon of the Fraser Institute, publishers of the annual Economic Freedom Index; Daniel Hannan MEP; Mark Littlewood, director general of the Institute of Economic Affairs; and Andre Illarionov of the Cato Institute.
Mr Bashir, Conservative MEP for Yorkshire and The Humber and the Party’s small business spokesman in the European Parliament, said: “I hope we can set in motion a worldwide movement to share ideas and examples, and foster greater prosperity for all through economic freedom.
“Economic liberty and personal liberty go hand in hand. They are inseparable.
“People are not genuinely free unless they can choose where and how they trade. Without free trade there can be no fair trade.
“Without economic freedom we cannot have political freedom.
“These are big principles, and they need to be at the heart of of our thinking and our politics.”