Last month, Venezuelan President Nicolas Maduro formally requested that the U.N. mediate its long-standing border dispute with Guyana. In an email interview, Mark Kirton, senior lecturer at the University of the West Indies, discussed Guyana’s relations with Venezuela and the impact of the territorial dispute on bilateral ties. WPR: How extensive are Venezuela and Guyana’s political and economic relations, and what are the main areas of cooperation? Mark Kirton: Relations between the two countries are characterized by prolonged periods of controversy and tension, interspersed with short periods of economic and political cooperation. Tensions stem from Venezuela’s claim to the Essequibo [...]
Trade
Last month, Australia signed a free trade agreement with China, though it has yet to be implemented. Its ninth free trade deal with its neighbors came amid Australia’s active participation in ongoing negotiations over two major trade deals in the Asia-Pacific region, the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP). How does all this trade-related bustle fit together? And how much is politics, as much economics, involved? The current activity reflects a shift in global trade regimes. Australia used to be a strong supporter of multilateral trade, with the World Trade Organization (WTO) at the center of [...]
Earlier this month, Italian Prime Minister Matteo Renzi was in Kenya to discuss trade ties and pledge support for counterterrorism operations in East Africa. In an email interview, Mattia Toaldo, a policy fellow at the European Council on Foreign Relations, discussed Italy’s outreach to Africa. WPR: How extensive are Italy’s ties with Africa, and what are the main areas of cooperation? Mattia Toaldo: After the end of the Cold War, and with development aid money drying up, the Italian presence in sub-Saharan Africa quickly waned. But following a policy review conducted two years ago under then-Foreign Minister Emma Bonino, Italy [...]