In recent times, the Balkan region has recorded important news concerning the international relations. In fact, the western Balkans’ states are achieving substantial progress: Montenegro has become the 29th member of NATO; The Republic of North Macedonia ended a years-long dispute with Greece over its official name and it is working towards the full membership in NATO; Peace talks on the future of Kosovo are moving ahead. Overall, tensions in the Balkans are decreasing.
2019 October
The agreement, which eliminated almost all tariffs on trade among the member countries came to effect on January 1, 1994. Like other trade pacts, the main purpose of NAFTA is to encourage economic activity among the three major economic powers in North America. By removing trade barriers, NAFTA increases the prospect of voluminous investment opportunities in the region.
Until now, the U.S. foreign policy has been characterized by tension. But given the anxiety about President Donald Trump and what his administration might do – pull out of NATO, start a war with Iran or North Korea – it was something to be grateful for.
Vladimir Putin – the modern Tsar of Russia– is serving as President of Russia since 2012, previously holding the position from 2000 until 2008. In between his presidential terms, he was also the Prime Minister of Russia under his close associate Dmitry Medvedev (Putin was barred from a third consecutive term by the Constitution). However, Vladimir Putin gained 76% of the March 2018 presidential vote and was re-elected for a six-year term that will end in 2024.