In both Washington and Tokyo, U.S. policymakers seem to have lost sight of the big story now unfolding in Asia’s energy marketplace: Energy resource-poor Japan is revving up its diplomatic drive to strengthen relations with the oil- and gas-rich countries of Central Asia in a bid to ensure its energy security amid stubbornly high oil prices. Japan invited foreign ministers of Central Asian nations to talks in early June. And in a more significant move that highlights how passionately Japan is wooing the Central Asian nations, Prime Minister Junichiro Koizumi, who steps down in late September, will visit the region [...]
NAIROBI, Kenya — The collapse of the World Trade Organization talks in the past month has presented Africa with a double predicament. On the one hand are the lost trade opportunities following the collapse of the WTO’s Doha Round. If the talks had succeeded in favor of Africa’s position, the continent would have gained better market access to the European, U.S. and Japanese economies. The continent also sought to successfully negotiate for the elimination of agriculture production and export subsidies that make produce from developed countries cheaper than Africa’s in the world market. On the other hand, the preferential trade [...]
The Great Game of the 19th Century was played between empire builders Britain and Russia, using Afghanistan as their football in seeking control of central Asia. Today, there is a new great game under way between two very different competitors — China and India. But this time the ball is Burma. In much the same way that Afghanistan was a poor and undeveloped but strategic piece of territory, so Burma now fits that role for the two burgeoning economic giants. But Burma is more than simply a slice of well-placed geography: It is rich in energy resources, which China and [...]
