Trade

Op-Ed

The Sino-American Decade

Author: A. Michael Spence
Project Syndicate

Michael Spence writes that cooperation between the United States and China on issues surrounding the environment, trade, investment, and financial stability will be critical not only for the continued well-being of the two countries, but also for the successful rebalancing of the world economy.

See more in China, Economics, Capital Markets, Economic Development, Emerging Markets, Geoeconomics, Infrastructure, International Finance, Trade

Ask CFR Experts

What are the implications of growing Pakistan-China commercial relations for the United States?

Asked by Monish Gulati, from New Delhi, India

The first foreign leader to visit Pakistan following its recent elections was the prime minister of China, signifying the close relations between the two countries. During the visit, Pakistani president Asif Ali Zardari said, "Our top priority is to further strengthen economic linkages."

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See more in United States, China, Pakistan, Port Security, Geoeconomics, Trade, Proliferation

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Will China extend its influence in the Indian Ocean by building a naval base in Gwadar, Pakistan?

Asked by Hassan, from National University Of Sciences and Technology

To date, Chinese officials have asserted that their interest in Gwadar is strictly a commercial effort to provide another energy corridor for Middle East oil, and Pakistani government officials stridently affirm this position. New Delhi, on the other hand, has expressed "concern" about the true motivations in developing Gwadar, suspecting that it is a Sino-Pak effort at encirclement.

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See more in China, India, Pakistan, Geoeconomics, Infrastructure, Trade

Primary Sources

Secretary Kerry's Remarks at Remarks at American Chamber of Commerce in Seoul, April 2013

Author: John F. Kerry

Secretary of State John Kerry spoke on April 12, 2013, at the American Chamber of Commerece in Seoul after his meetings with South Korean President Park and South Korean Foreign Minister Yun. He discussed economic cooperation between the Republic of Korea and the United States and nuclear issues in the region.

See more in South Korea, Trade, Proliferation

Primary Sources

Joint Statement of the Fifth BRICS Summit in Durban, March 2013

The fifth summit of the BRICS (Brazil, Russia, India, China, South Africa) countries met in Durban, South Africa March 26 and 27, 2013, to discuss "political and economic coordination." They released their fifth summit declaraction, "BRICS and Africa: Partnership for Development, Integration and Industrialisation," which includes plans for a BRICS development bank.

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What are the potential benefits and pitfalls of the proposed U.S.-EU Free Trade Agreement?

Asked by Bill Wanlund
Author: Robert Kahn

A U.S.-EU Transatlantic Trade and Investment Partnership (TTIP) could provide a significant boost to U.S. jobs, growth and trade. Conversely, the primary pitfall to the agreement would be if it caused a retreat from multilateralism, divert trade trom emerging markets and weaken institutions such as the World Trade Organization.

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Foreign Affairs Article

Gangster's Paradise

Author: Peter R. Andreas

Despite media hoopla, cross-border crime -- illegal drugs sales, evasion of taxes, intellectual property theft, and money laundering -- is hardly a new phenomenon. For much of history, moreover, the United States was as much perpetrator as victim. Recognizing this awkward truth should help cool down overheated debates about today's transnational problems and how to respond to them.

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Primary Sources

Joint Statement on U.S.-EU Negotiations for a Transatlantic Trade and Investment Partnership, February 2013

President Barack Obama, European Council President Herman Van Rompuy, and European Commission President José Manuel Barroso gave this joint statement on February 13, 2013. It announced the launch of negotiations for a Transatlantic Trade and Investment Partnership, at the recommendation of a report from the U.S.-EU High Level Working Group on Jobs and Growth.

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Report of the U.S.-EU High Level Working Group on Jobs and Growth, February 2013

Led by EU Trade Commissioner Karel De Gucht and Unites States Trade Representative Ron Kirk, the U.S.-EU High Level Working Group on Jobs and Growth presented its final report on February 11, 2013. It recommended the launch of trade and investment negotiations between the United States and the European Union, which leaders announced they would do.

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Russia and Moldova Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act of 2012

This act grants permanent normal trade relations with Russia and was signed into law on December 14, 2012. See also the Jackson-Vanik Amendment. The U.S. Treasury Department releases sanctions under the Magnitsky Act, which bans specific Russian citizens from entering the United States. The Russian Foreign Ministry recently released a list in response, banning specific U.S. citizens from entering Russia.

See more in Russian Fed., Human Rights, Trade