The process of internationalisation or ‘globalisation’ involves a thorough transformation of the Australian economy from being inward looking and protectionist, to being externally oriented in both trade and investment. The process has been helped along by the liberalisation of capital markets and the removal of barriers to trade, but other factors such as technological advances and innovations...

FACT: Not at all! Georgia is introducing legislation to protect its citizens against discrimination. The EU welcomes this initiative, which is also a requirement under the EU's Visa Liberalisation Action Plan. The anti-discrimination law simply assures the equal treatment of all citizens, including those belonging to minorities. This protects citizens' existing rights, for example to enjoy free...

Events of the past two decades have generated increasing concern about the direction of the world trading system. While the General Agreement on Tariffs and Trade (GATT) helped orchestrate the substantial reduction in tariffs after World War II, the multilateral approach to trade liberalisation has encountered difficulty in stemming the proliferation of non-tariff trade barriers and in extendin...