Romney Proposes ‘Prosperity Pacts’ To Aid Developing Nations

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Mitt Romney said at the Clinton Global Initiative he will initiative “prosperity pacts” to provide aide to developing nations. 

“Working with the private sector, the program will identify the barriers to investment, trade, and entrepreneurialism in developing nations,” Romney said. “In exchange for removing those barriers and opening their markets to U.S. investment and trade, developing nations will receive U.S. assistance packages focused on developing the institutions of liberty, the rule of law, and property rights.”

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