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Trade CSS Blog

Eurasia’s Trade Partners

 

This graphic illustrates the total values of Eurasian countries’ trade with China, the EU, Russia and the rest of the world – including imports and exports – between October 2018 and September 2019.

For an insight into the impact of China’s Belt and Road Initiative (BRI) on Eurasia, read Benno Zogg’s chapter in Strategic Trends 2020, which can be found here.

Categories
Security Coronavirus CSS Blog

Lifting Border-closures in Europe: More Coordination, Less National Go-it-Alones

Image courtesy of author

This blog belongs to the CSS’ coronavirus blog series, which forms a part of the center’s analysis of the security policy implications of the coronavirus crisis. See the CSS special theme page on the coronavirus for more.

Managing the supply of essential goods and the flow of seasonal workers during the corona crisis is challenging many European states.  A coordinated approach towards lifting border closures is required. At this stage, gradually opening borders between mildly affected neighboring regions could mean that Schengen could co-exist with the coronavirus.

Categories
Economy Coronavirus CSS Blog

EU Foreign Direct Investment Screening: Protecting Strategic Assets and Technology During the Corona Crisis

Image courtesy of François Genon/Unsplash

This blog belongs to the CSS’ coronavirus blog series, which forms a part of the center’s analysis of the security policy implications of the coronavirus crisis. See the CSS special theme page on the coronavirus for more.

The criticality of medical goods and volatility of European economies resulting from the corona crisis increase the risk of opportunistic acquisitions of strategic assets and technology via foreign direct investments (FDI). The EU Commission and Member States are stepping up the protection of European economies to contain the fallout of the crisis.

Categories
Defense

PESCO: Two Years Later

Image courtesy of European Parliament/Flickr. (CC BY-NC-ND 2.0)

This article was originally published by the Polish Institute of International Affairs (PISM) on 23 January 2020.

Permanent Structured Cooperation (PESCO), launched by the EU in December 2017, has grown quickly. Yet, its role in developing European defence capacity may turn out to be marginal if a compromise is not found on the issue of the participation of non-EU states in PESCO projects and on the size of the European Defence Fund (EDF). PESCO’s importance may be diminished by advances by big, European defence initiatives led outside the EU’s legal framework.

Categories
Security

Europe Needs to Make Some Hard Choices in 2020

Image courtesy of Sara Kurfeß/Unsplash

This article was originally published in the ASPI’s The Strategist on 21 January 2020.

For the first time since 1957, Europe finds itself in a situation where three major powers—the United States, China and Russia—have an interest in weakening it. They may squeeze the European Union in very different ways, but they share an essential hostility to its governance model.

The European model, after all, is based on the principle of shared sovereignty among states in crucial areas such as market standards and trade. That liberal idea is antithetical to the American, Chinese and Russian view of sovereignty, which places the prerogative of states above global rules and norms of behaviour. Shared sovereignty is possible only among liberal states; unalloyed sovereignty is the preserve of populists and authoritarians.