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Posts Tagged ‘Atlantic’

obama-SOTU
This is already the 2nd time that I am writing a blog about a speech by a world leader. Last time I wrote about David Cameron’s EU Speech in late January 2013.
Both of the posts however are written before the speech.

This year’s State of the Union by Obama will obviously be focused mostly on the economy and of course gun control in the United States.

One thing, that I am hoping and am very eager to hear in his address is the announcement of negotiations on a Free Trade Agreement between the United States of America and the European Union.
US Vice-President Joe Biden mentionned it during the Munich Security Conference. (You can view it here)
Biden also talked a lot about the Euro-Atlantic Security partnership, NATO and how Europe is still the most important partner to the United States.

In his 1st term Obama seemed like a non-EU president who is not that interested in European Affairs and does not see Europe as the focus of his foreign policy. With the declarations in Munich and the announcement of a Free Trade Deal with Europe Obama would change his reputation completely. Achieving such a grandiose free trade deal would also be a lasting part of his legacy. He could be remembered as the President who brought Europe and America closer together economically.

Before retiring Hillary Clinton also promoted the idea of a closer European-American economic partnership in November 2012. (Watch her speech at Brookings here)

During December 2012 many columnists wrote about the idea of such a free trade deal. An interesting one is an article by David Ignatius of the Washington Post. David Ignatius called it TAFTA – Trans-Atlantic Free Trade Agreement.

I am very much in favour of this idea. I was surprised to find out a couple of years ago that no such a deal exists yet. Liberalizing the trade would give a much needed stimulus to the economies on both sides of the North Atlantic in the European Union and in the United States. That is something both economies and politicians in those regions need.

The most significant reason why I am interested in this is the fact that my current thesis that I am writing deals exactly with this issue. I am writing about the future of the North Atlantic Economic Relations. When I chose the topic in september 2012, TAFTA was not being talked about so it is exciting to see it happen while I am writing my thesis and to write it on something current.

My thesis deals not only with TAFTA between the EU and the USA but deals with the entire North-American region including Canada. A similar deal between the EU and Canada has already been negotiated and should be signed soon. Not many ahve heard of it. It is called CETA – Comprehensive Economic and Trade Agreement – and it was supposed to be finisehd and signed for a long time.
The current Conservative Canadian government is eager to get it signed soon and join it with TAFTA as a part of some North Atlantic Economic Initiative.

As of the coming weeks and months I will be posting news and updates concerning North American Free Trade including Canada, USA and the European Union.

I am eager to read the news about the State of the Union speech tomorrow. I hope Obama will announce the free trade talks.
But as always, I am cautious. A free trade deal is an awesome idea, but agriculture will probably be exempt from it and it is likely to have a lot of common rules and restrictions which might have unforeseen negative effects that might negate the positives of free trade and of lowering of trade barriers.

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(I’m not an expert in Latin America or Argentina. However, I always had an interest in the region, its culture and I do speak Spanish as well. Usually I would not write about Latin America and focus on other topics instead, but since the Falklands topic was a lot in the news recently I decided to sum up my thoughts about it)

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Recently Argentina, with the 30th anniversary of the Falklands War (April 2012) approaching, has once again re-started the old debate about whom the Falklands (Malvinas in Argentina) should belong to. Once again the tensions between the two countries, Argentina and the UK have increased. Argentina’s president Cristina Kirchner even accused the UK of militarizing the dispute by sending a naval ship into that region, and made a formal complaint to the UN.

This is nothing but a repetition of old patterns. The Falklands War in 1982 was started by the then-ruling Argentinian military junta. Amongst many other reasons, the main reason was to divert attention from domestic problems. Back then the Argentina was under rule of a military dictatorship of General Galtieri, so there were clearly political problems. But moreover there were economic difficulties which were undermining the military junta’s control. What could be a better diversion than a war? Later on the defeat in the war meant the end of the dictatorship.

Today the pattern appears the same. A need to divert public attention from domestic problems, means that  Argentina’s President is again spurring up the old debate. She convinced many other Latin American countries to refuse ships from the Falklands in their ports. She called UK and British Prime Minister David Cameron “neo-colonialist”.

Argentina does have domestic problems, and in my opinion this whole sabble-rattling  just proves that the internal problems are actually getting worse. Why else would Cristina Kirchner be diverting attention like this? Already back in 2010 Argentina was facing some economic and political difficulties. The Economist was fiercely criticizing the government’s policies. Both economic and political. (High inflation, control of the Central Bank, conflict with the media)

It is very unlikely that since 2010 the problems disappeared or things improved, if anything they most likely got worse. Recently when I talked to one young Argentinian he did say to me that in his opinion with Cristina Kirchner and her policies Argentina is “becoming Venezuela”.

To make a point, the Falklands never belonged to Argentina and the fact that they belonged to Spain before they became British does not change anything. And does anyone care what the inhabitants of the Falklands think? They do not want to be Argentinian, nor do they wish to discuss the sovereignty of the islands. Despite everything that Argentina says, its claims to those islands will never be legitimate.

One should not forget that oil is involved. No doubt Argentina would like to get piece of the action. If Argentina really wanted to control the Falklands or at least have some influence there, it should do the opposite and start cooperating with the UK: open its sea ports, its airports and its economy to the Falklands. Argentina and Buenos Aires, especially, would make an ideal land base for processing and further transporting the oil from the Falklands. Free movement of people between the islands and the continent would definitely enable many Argentinians to move onto the islands and this could make those, “really more Argentinian”. There’s great economic potential in cooperation for all the parties involved and it could finally make Argentina and the UK put their history of hostility behind them. The economic potential that this cooperation offers would benefit Argentina’s economy and help resolve its economic problems and Cristina Kirchner would not have to divert the public’s attention away from it by making populist claims.

Instead of trying to divert attention from a problem, it is better to try solving it.

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