Struggle for Influence in Africa

BERLIN (Own report) – Overshadowed by the dispute on free trade and the Paris Climate Agreement, the German government has found acceptance for its Africa policy initiatives at the G20 summit in Hamburg. The G20 states in Hamburg have backed the “Compact with Africa” initiative, Berlin seeks to use for gaining new influence on the African continent. The “Compact” includes measures enabling industrial nations, such as Germany, to set their preferred conditions for investments in individual African countries. The German government has chosen Tunisia, Ghana and Côte d’Ivoire as its partners. Whereas Tunisia already serves as a low-wage site for German enterprises, Côte d’Ivoire is still under decisive French influence, something Berlin would like to change with the help of its “Compact for Africa.” In general, “Compact” is intended to help Germany intensify its economic influence in Africa, following all the failed attempts over the past few years. From the perspective of Germany’s establishment, time is running out because China, the rival on the global stage, has already risen to become the most important economic partner for numerous African countries.

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World order redrawn as new rivalry forms among China, Russia, US

China and Russia have been in a honeymoon of sorts since last year, when the two countries signed deals on natural gas and currency exchange, and when they conducted a joint military exercise in the East China Sea. Senior leaders from the two sides will continue to meet often this year but it remains to be seen whether the personal friendship between Putin and President Xi Jinping of China will elevate the two countries’ bilateral relationship to the level of strategic partners.

The crisis over Russian intervention in Ukraine and subsequent economic sanctions on Moscow have deepened and broadened Sino-Russian cooperation in the areas of international politics, economy, defense, energy, investment, culture and technology. The value of bilateral trade has reached US$100 billion and is expected to top US$200 billion in five years. Continue reading

Turkey, Iran eye customs deal

Turkey and Iran will implement single customs territory to facilitate trade between the two countries, Turkish Customs Minister Nurettin Canikli announced Wednesday.

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Chinese ‘Silk Road’ Initiative to Diminish US Role in Eurasian Region

Was America tricked and swindled out of building this for Eurasia? For more information on how the U.S. originally supported this initiative, see HERE and HERE.

 

MOSCOW (Sputnik), Ekaterina Blinova — By involving India and Russia in its “One Belt, One Road” project, China has dealt a final blow to ambitious New Silk Road initiative, launched by the United States in 2011.

“Since China’s “One Belt and One Road” strategy, which refers to the Silk Road economic belt and the 21st century maritime Silk Road, was initiated at the end of 2013, significant progress has been made and increasing support has been garnered from the international community,” the Global Times, a Chinese English-language media outlet noted. Continue reading