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This speech was originally published by the Lowy Institute on 18 September 2019.
On 17 September 2019, the Lowy Institute hosted Ambassador Alan Wm Wolff, Deputy Director-General of the World Trade Organization, for a discussion of the risks and opportunities facing world trade at this decisive moment.
Mr Wolff became WTO Deputy Director-General in October 2017, after a long career in international trade, including as chief trade lawyer of the US executive branch, Chairman of the National Foreign Trade Council, as a senior US trade negotiator, and private law practitioner. He has served and advised both Republican and Democratic administrations.
This week’s graphic highlights the energy and transport infrastructure that passes through Kazakhstan. For an insight into Kazakhstan’s role as a linchpin for trade, transport and more regarding China’s Belt and Road Initiative (BRI), see Benno Zogg’s recent CSS Analyses in Security Policy here.
This article was originally published by the Istituto Affari Internazionali (IAI) on 22 July 2019.
The recent G20 summit in Osaka in June failed to deliver a breakthrough in the growing US-China rivalry over trade and technological supremacy. Like the rest of the world, Europe is feeling the heat of the trade war US President Donald Trump unleashed against China. As a resolution of this tug-of-war is not in sight, the EU’s new leadership should start preparing a comprehensive response.
This week’s featured graphic provides an overview of Algeria and Egypt’s top trading partners. Russia’s absence from the top five trading partners list of either country highlights that despite Moscow’s revival of its ties with Cairo and Algiers, it remains overshadowed by other actors in the economic sphere. To find out more about Russia’s strategy in the Middle East and North Africa, read Lisa Watanabe’s chapter for Strategic Trends 2019 here.
This graphic shows how the the overall level of internal trade among the member states of the Eurasian Economic Union (EAEU) remains relatively low at 14.6 percent, especially when compared to the European Union (EU), where around 64 percent of trade was between members in 2017. The graphic also shows the percentage of external trade for both unions. For an insight into Russia’s policy towards the EAEU and how this fits into Moscow’s Eurasian strategy, see Jeronim Perović’s chapter in Strategic Trends 2019 here.