Essays on Trilateral

China and Russia are two significant members of the group known as the BRICs. The other members are India, Brazil and South Africa. While China seeks to use its economic influence in buying world power, Russia seeks to regain its lost political influence by challenging the United States and Western Europe. This paper seeks to examine and explore China’s use of economic incentives in the form of cheap loans to gain influence in Sub-Saharan Africa. It also examines Russia’s constant antagonism with the United States and its allies in Eastern Europe and the Middle East. The argument ...

INDICATORS:

Income level: High Income Population: 35.54 million (“Data” 2014) GDP at market prices (Current US$): $1.785 trillion (“Data” 2014).

GDP per capita (current US$):

$50,230.8 (“Data” 2014). GDP growth (annual %): 2.44 (“Data” 2014). FDI Inflows: $59.6 billion in 2014 (“Trade Policy Review” 5). FDI Outflows: $58.2 billion in 2014 (“Trade Policy Review” 5).

Balance of Payment:

Current account balance (BoP, current US $): (-) $ 37.47 billion (“Data” 2014). Current account balance (% of GDP): (-)2.1% (“Data” 2014). Import of goods and services (BoP, current US$) : $580.7 billion (“Data” 2014). Exports of goods and services (BoP, current US$) : $564.6 billion (“Data” 2014). ...

NAFTA refers to a trade agreement that has been signed by Canada, Mexico, and the United States. This created a trilateral trade relationship between the three nations. The deal came to effect on January 1, 1994, and over passed the earlier Canada-United States Free Trade Agreement. The agreement was as a result of intense negotiations between the three countries, and later each country needed to get it approved and ratified by the respective parliament. The trade agreement shaped the business relationship between the three nations and positively impacted the lives of the respective residents. While NAFTA agreement targeted towards ...

This article done by Sherman Garnet focuses on the issue regarding denuclearization of Ukraine. Ukraine reached an agreement with Russia and United States stating that they would give up nuclear weapons within four and a half years. Despite signing this agreement and giving assurance that she would cooperate in doing so, this process of denuclearizing Ukraine was a hard task due the below listed issues that complicated the process as is evident from the article. - Ukraine was a center for nuclear weapons even before she had gained the status of a fully independent country. She had well established Centre for nuclear ...