The EU-MERCOSUR agreement is experiencing its worst moment in recent times. The free trade agreement with Argentina, Brazil, Paraguay, and Uruguay is once again dividing the 27 EU member states.
Economics
This week, China formally declared the beginning of massive free trade pilot zone program in Hainan and its overall value is estimated around 113 billion US dollars.
The Spanish economy has become the most significant among European economies. In 2023, Spanish GDP grew at an annual rate of 3%, compared to 1% for the Eurozone, displacing Germany and France
In May 2022, the United States launched the Indo-Pacific Economic Framework for Prosperity (IPEF), a new economic initiative with 13 regional partners designed to reshape economic cooperation in the wider Indo-Pacific.
The Regional Comprehensive Economic Partnership (RCEP) has become one of the most consequential developments in the recent history of Asia-Pacific economic integration.
The new geoeconomic strategies are taking shape and the agreements signed in recent months make it clearer which alliances are being consolidated on the international stage.
In recent years, we have witnessed a veritable scramble for rare-earth elements. Today, it would seem that these materials are more important and valuable than materials like gold, platinum, and diamonds.
Many global analysts predict that India will be the next great economic power: Goldman Sachs has predicted that it will become the world’s second-largest economy by 2075 and Martin Wolf of the Financial Times
Geoeconomics refers to analytical frameworks used to assess the strategic spatial properties of national economies. Nowdays, Geoeconomics especially serves as a strategic discourse and practice in foreign policy.