Last week’s U.S.-Mexico-Canada trilateral summit resulted in a communique that among other things called for increased energy cooperation on the continent. In an email interview, Jed Bailey, managing partner of Energy Narrative, a research and consulting group focusing on Latin America’s energy sector, explained the recent history of and next steps for North American energy integration. WPR: What has been the recent trajectory of energy integration in North America? Jed Bailey: Energy integration across North America has steadily strengthened for several decades as cross-border trade has grown in electric power and natural gas as well as oil and oil products. […]
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In addition to the magnificent opening ceremony and the admirable performance of the athletes on display at the Winter Olympics, Sochi has seen a remarkable show of solidarity between the host, Russian President Vladimir Putin, and his most important visitor, Chinese President Xi Jinping. The Chinese government is underscoring the foreign policy significance of Xi’s decision to go to Sochi, which marks the first time a Chinese leader has attended a major foreign sporting event. The visit is Xi’s first foreign trip this year, and Russia was also his first foreign destination after becoming president last year. Since then he […]
The recent International Court of Justice (ICJ) decision on the Chilean-Peruvian maritime boundary dispute closed one chapter of a trilateral territorial dispute that has festered among Chile, Peru and Bolivia for more than a century. But while Chile and Peru mend fences, similar progress between Chile and Bolivia has not materialized. Less than a decade ago, geopolitical tensions surrounding the dispute played a part in blocking Bolivia from participating in a clear market solution to Chile’s natural gas crisis. Today, that dynamic has deteriorated for Bolivia: The region’s shifting energy market realities have removed what leverage Bolivia had in its […]