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• Good morning everyone, it is a pleasure to be here today.
Background
• We live in a changing world, and there has been an extraordinary shift in relative economic power from the developed world, our traditional trade and investment partners, to the emerging economies - particularly China.
• Many analysts have pointed out that this is simply a reversion to the past. Two hundred and fifty years ago, most of the world’s wealth was generated from economies where most of the world’s people lived.
- Maurice Williamson
- Customs