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Sweden Today

Swedish news in English

Thursday, October 24, 2024

Sweden Must Champion Free Trade

Published: 2024-05-27

Europe faces a pivotal decision: continue embracing free trade or succumb to protectionist trends? A new report from Timbro highlights that free trade has significantly boosted Sweden's and Europe's prosperity, raising Sweden's GDP by 15-20%.

Current EU negotiations on new trade deals could add up to 2,340 billion SEK in wealth.

However, global protectionism is on the rise, potentially threatening this growth.

Sweden must advocate for more trade to secure its future economic strength.