... States could upset this equilibrium.
The development of the Transatlantic Trade and Investment Partnership (TTIP) ranks alongside TPP in importance. In essence, it heralds an economic alliance between the EU and the US, the world’s two largest economies.... ... players to adapt to new and possibly unfavourable conditions.
REUTERS/Alexei Druzhinin
Belarusian Experts’ Polemics: the EEU
Needs New Growth Drivers
Economics is not the only bone of contention between China and the US: military affairs matter too....
... the right to make implementation of the free-trade agreement conditional on the political behavior of the Vietnamese leadership to the point of suspending the FTA.
In terms of scope, the EU-Vietnam Free Trade Agreement is similar to the one with the EEU. The TPP Agreement is also widely known for its provisions that go far beyond the sphere of trade. In the same year, Vietnam established a FTA with South Korea; this FTA appears to be more “traditional,” but is no less important, due to the top ...
... opportunities seem limited since the West remains deeply reluctant to view Russia as an equal trading partner, while new markets can only be found in those countries that are outside these global agreements.
Does Russia have any chance for development outside TPP and TTIP limits? No clear-cut answer is apparent in the immediate term. As for the Eurasian Economic Union (EEU) and BRICS, their cooperation potential remains great, but still has to prove its economic worth.
Importantly, U.S. trade with China (USD 590 billion), India (USD 67 billion), Brazil (USD 73 billion) and South Africa (USD 14.5 billion) in 2014 was ...
