By Jack A. Smith he·gem·o·ny (həˈjemənē,ˈhejəˌmōnē): leadership or dominance, especially by one country or social group over others. The most important political relationship in today’s world is between the United States of America and the People’s Republic of China (PRC). Whichever way the relationship goes will have a major impact on global developments for many decades. … Continue reading
By Daqing Yao and John Whalley Since September 2013 China has been operating a new form of free trade zone (FTZ) based in a small area of Shanghai, called the China (Shanghai) Pilot Free Trade Zone (SPFTZ). Only 28 square kilometres in area, the SPFTZ is a concrete first step to China’s new development model, the … Continue reading
By José Niño In a little under three months, the Pacific Alliance is set to celebrate its four-year anniversary. Founded on April 28, 2011, the Pacific Alliance is a trade bloc whose main is goal is to promote greater integration among its members through free trade. Comprised of countries such as Mexico, Colombia, Peru, and Chile, the Pacific … Continue reading
By Iana Dreyer of Borderlex “Trade from Lisbon to Vladivostok: yes, it’s a beautiful vision,” said Cecilia Malmström, the new EU trade commissioner, at a recent parliamentary meeting in Brussels. “But I don’t think it’s a vision that will materialise in the very short term. Russia has occupied an independent country. The situation is escalating. Entering … Continue reading
Turkey and Russia agreed to sign an agreement to negotiate the elimination of trade barriers between two countries, Economy Minister of Turkey, Nihat Zeybekci said on Friday. “On Monday at the High-Level Russian-Turkish Cooperation Council Summit, we will sign an agreement of historical importance in my opinion, which initiates official free trade negotiations with both … Continue reading