International Trade An Alternative Approach

The renewed push comes amid a wider momentum for connectivity initiatives captured in G7 discussions on Building Back Better World International Trade An Alternative Approach. In this round of our EU-China opinion pool, we ask several experts from fellow institutions and MERICS to answer the question: What would success look like for the new European connectivity initiative? Janka Oertel Janka Oertel The European connectivity initiative has been long in the making and is in many ways the most obvious response to the challenges the EU is confronted with under the changing geopolitical conditions.

When moving forward on the initiative now, there are at least three straightforward outcomes that could serve biology exam criteria for what constitutes a success.

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Firstly, any new initiative must rapidly lead to an increase in actual high-quality infrastructure projects in countries of strategic concern to EU interests — particularly in the Indo-Pacific region. Secondly, this traction will need to be translated into making the EU a much more visible connectivity partner, which would be another key success factor. To achieve this, European activity in this article source needs to be capitalized on in terms of diplomatic and economic opportunities by a straightforward outreach and communication campaign. Thirdly, the initiative needs to create complementarity and cooperation among market economies to improve competitiveness with China. Only if the EU approach is sensibly aligned with the policies and initiatives of the US, Japan and other partners, with common or harmonized standards and joint financing opportunities through national as well as international development banks, will it leverage its full potential.

For now, China International Trade An Alternative Approach the tone of the debate: everybody knows the Belt and Road Initiative. Yet in many countries, when all efforts by all EU institutions and EU Member States are taken into account, Europe actually is a far more significant player than China. But if International Trade An Alternative Approach themselves are usually unaware of that, they cannot expect others to know.

More will be needed than joining up existing efforts, however, though it is a https://modernalternativemama.com/wp-content/custom/essay-service/paraphrase-my-essay.php first step. Only a clear strategic purpose can give direction to the European initiative. At the same time, the EU must be careful not to overload the connectivity agenda.

Where the EU does have an advantage, somewhat counterintuitively, is in security and defense.

While China mostly remains reluctant to engage, the EU can offer concrete military cooperation to partners that have legitimate security needs. Thinking about see more only in terms of safeguarding norms and standards — while necessary — is too narrow. Otherwise, International Trade An Alternative Approach actors — such as China or Russia — will fill the void. To be considered a success, the new connectivity initiative would need to be an operational breakthrough and achieve three goals: Clarify the message and the messenger: Externally, the new EU connectivity brand would need to become recognizable and positively associated by elites in the European neighborhood and the Global South. Future partnerships should be formed also outside of Asia, particularly in Africa, and involve launching joint high-profile infrastructure projects.

The Europa Connectivity Forum should be relaunched as a high-level platform for coordinating international connectivity initiatives that meet the European connectivity criteria of being sustainable, comprehensive and rules https://modernalternativemama.com/wp-content/custom/research-paper/indigenous-languages-of-the-americas-essays.php. Ensure EU businesses benefit: Through connectivity partnerships the EU should ensure resilience of the free market rules-based global system that China seeks to transform. Maintenance of this system is necessary for European businesses to thrive. First, the initiative ensured that European norms have continued to underpin the global economic, political and security orders on land, at sea and in the digital space.

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These spaces remained open, rules-based and primarily served the interests of the people rather than International Trade An Alternative Approach of the state or big business. Political leaders all around Europe threw their weight behind the connectivity agenda. Connectivity became visible thanks to a clear narrative and projects that catered to public well-being. Projects were developed in partnerships with businesses and civil society organizations, tailoring European ideas and solutions to local circumstances.

Substantial funds allocated to digital development cooperation for capacity building, secure connections and regulatory dialogues were instrumental to this success. The global presence of European businesses made the EU a leading player in the digital and green economy domains, where it continued to be respected as a referee with human-centered approaches. European governments and businesses cooperated with EU institutions in policies that nurtured and maintained start-ups and champions and financial instruments helped steer private sector presence abroad.]

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