Latest Closer Economic Relations Stories

2006-02-08 02:18:04

By James Grubel CANBERRA (Reuters) - Australia and New Zealand vowed to work to build a single economic market on the back of strengthening trade ties on Wednesday, but stopped short of endorsing a single currency. New Zealand Prime Minister Helen Clark said both countries wanted to build on the 23-year-old Closer Economic Relations (CER) agreement, which has freed up trade between the neighbors. But Clark and Australian Prime Minister John Howard said there were no plans for a...

Word of the Day
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).