Every time the political winds shift in South America, Mercosur heads in a new direction. Last week’s summit was no exception. The trade group agreed to invest $10 billion in regional infrastructure, but its free trade deal with the EU hit yet another speed bump, in part due to worries over Argentine President Javier Milei’s plans.
Aid and Development
The Solomon Islands has become the focus of a fierce geopolitical rivalry between the allies of the U.S. on one hand, and China on the other, after announcing an extensive security pact with Beijing a year and a half ago. But some are concerned that great power competition is overshadowing national development priorities.
Following the Sustainable Development Goals Summit this past September, the U.N. published a guidance paper to identify pathways to achieving the SDGs by their target date of 2030. But if those goals are to be met, even partially, the U.N. must also rethink the political underpinnings of international development cooperation.