Washington has agreed to give India more freedom in subsidizing and stockpiling food to support farmers and feed its 1.25 billion people. The agreement paves the way for another WTO deal expected to add an estimated $1 trillion to the global economy.
The Asia-Pacific region is one of the strategic priorities in Russian foreign policy. As President Vladimir Putin stated at the APEC summit in Beijing, Russia is planning to expand its cooperation with Asian countries in many spheres.
China has replaced the US as the largest trading partner and largest market for East Asian countries, while it is also the most important investor in the region, Martin Jacques, Author of When China Rules the World, told RT.
In an era when free trade agreements have helped engender unprecedented Asian growth, the next stage of the Asian tiger will clearly involve inclusive accords, not just bilaterally, but as broadly as possible to give all parties a growth fillip.
The Trans Pacific Partnership (TPP) is just “another attempt” by the US to create regional economic cooperation that mainly Washington would benefit from, Russian President told Chinese media ahead of his visit to the Nov. 10-11 APEC summit in Beijing.
The British government is formally examining the benefits and feasibility of using electronic currencies (e-currencies) such as Bitcoin, as thousands are turning their backs on traditional forms of finance.
Labour has backed an anti-privatization bill that excludes the NHS from the Transatlantic Trade and Investment Partnership (TTIP). Trade unionists and academics warn the cross-border deal could lead to the irreversible privatization of the health service.