Last week, Canada and the European Union signed a free trade agreement after four years of negotiations. In an email interview, Crina Viju, an assistant professor at the Institute of European, Russian and Eurasian Studies at Canada’s Carleton University, explained the terms and likely impact of the agreement. WPR: What were the major points of agreement in the Comprehensive Economic and Trade Agreement (CETA), and what was left unresolved? Crina Viju: As the final text of CETA has not been released due to ongoing drafting and legal analysis, I can outline a few major points overviewed in the summary documents [...]
Since assuming the presidency in early 2010, Victor Yanukovych has tried to pursue a balance between strengthening Ukraine’s integration with Europe and maintaining a positive relationship with Russia. He has also sought to avoid having to choose between the European Union and Moscow. On one issue, however, he could not avoid a choice: Should Ukraine conclude an association agreement, including a deep and comprehensive free trade arrangement, with the European Union, or should it instead join a customs union with Russia, Belarus and Kazakhstan? Over the past several years, Yanukovych has consistently favored an EU association agreement, and Kyiv very [...]
Winston Churchill, the storied politician and former prime minister of the United Kingdom, once said, “I think I can save the British Empire from anything—except the British.” Churchill’s quote cleverly points out that great power decline is not just a function of external factors; often the worst wounds are self-inflicted. In recent weeks, observers around the globe watched with alarm as a dysfunctional American political system pushed the world’s most powerful economy to the brink of default. How could a country with so much global prestige and power risk both over petty partisan squabbling? Why would policymakers choose to squander [...]
