Trade Archive

During his recent visit to Buenos Aires, President Barack Obama enthusiastically embraced Argentina’s new president, Mauricio Macri, who took office last December promising to overhaul the country’s economy, politics and foreign policy, including its endemic anti-Americanism. Obama appeared eager to endorse Macri’s new approach, and while thousands protested the visit, Obama made a statement that expressed surprisingly lofty ambitions for the new administration in Buenos Aires. “Argentina,” Obama declared, “is re-assuming its traditional leadership role in the region and around the world.” The notion of Argentina becoming a regional leader will strike some as awkward. Latin Americans frequently decry what […]

Editor’s note: This article is part of an ongoing WPR series on the Trans-Pacific Partnership and the potential impact on members’ economies. New Zealand’s prime minister, John Key, spoke at the U.S. Chamber of Commerce in Washington on Wednesday about the need for the United States to ratify the Trans-Pacific Partnership (TPP). In an email interview, Timothy Hazledine, a professor of economics at the University of Auckland, discussed the benefits and drawbacks of New Zealand’s membership in the TPP. WPR: What are the expected economic benefits and potential downsides for New Zealand from the TPP, and who are the expected […]

Last weekend, Israel prevented Indonesian Foreign Minister Retno Marsudi from entering the West Bank to attend the inauguration of the Indonesian Honorary Consul to Palestine in Ramallah, after she refused to pay an official visit to Jerusalem. In an email interview, Emanuel Shahaf, CEO of Technology Asia Consulting and vice chairman of the Israel-Indonesia Chamber of Commerce, discusses Israeli-Indonesian political and economic ties. WPR: What are the extent of Israel’s trade and political ties with Indonesia, and how institutionalized are current informal ties? Emanuel Shahaf: Bilateral trade is nominally valued at around $200 million, with roughly 80 percent made up […]

President Barack Obama’s trip to Cuba on March 21-22 marks a pivotal moment in the unfolding process of normalizing U.S.-Cuban relations. In the 15 months since Obama and Raul Castro declared the end of the cold war in the Caribbean on Dec. 17, 2014, there has been just enough progress to justify the historic presidential visit. But much remains to be done. By underscoring the commitment of both presidents to prioritize better relations in the time they have left in office, the trip should energize their government bureaucracies to accelerate the pace of change. After a slow start—it took six […]

Pakistani Prime Minister Nawaz Sharif and Army Chief Gen. Raheel Sharif visited Saudi Arabia last week for the closing ceremonies of a multinational military exercise, following recent tensions in relations. In an email interview, Shehzad H. Qazi, managing director at CBB International and a geopolitical analyst specializing in emerging and frontier markets, discussed Pakistan’s relations with Middle East nations. WPR: Who are Pakistan’s main partners in the Middle East, and what are their main areas of cooperation? Shehzad Qazi: Saudi Arabia, the United Arab Emirates (UAE) and Turkey are three of Pakistan’s main partners in the Middle East. Pakistan and […]

Editor’s note: This article is part of an ongoing WPR series on the Trans-Pacific Partnership and the potential impact on members’ economies. Last month, following large protests against the Trans-Pacific Partnership (TPP) in Santiago, Chilean Foreign Minister Heraldo Munoz defended the 12-country trade pact, calling it a politically and economically sound route for Chile. In an email interview, Roland Benedikter, a senior research scholar at the Council on Hemispheric Affairs and author of “Chile in Transition: Prospects and Challenges of Latin America’s Forerunner of Development,” discussed the benefits and drawbacks of Chile’s membership in the TPP. WPR: What are the […]