Romney: US aid should encourage open markets

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Romney at Clinton Global Initiative

Republican presidential nominee Mitt Romney speaking at the Clinton Global Initiative, New York. (AP photo)

NEW YORK (AP) – In order to help the developing world, Mitt Romney says, U.S. aid must be used to promote work and free enterprise.

Speaking today to global leaders gathered in New York, Romney laid out a vision of a Romney administration foreign policy that would include renegotiated trade agreements and “prosperity pacts” the encourage open markets in exchange for U.S. aid.

Romney said foreign aid cannot sustain a developing country on a permanent basis and that U.S. policies should promote work, not reliance. The former Massachusetts governor also says aid should give people dignity and change attitudes toward the West.

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