Japan and China took another step toward thawing relations over access and territorial rights in the East China Sea with the resumption earlier this month of high-level maritime talks in Tokyo. The Jan. 12 meeting focused on creating a crisis-management mechanism that would mitigate any potential flashpoint surrounding the disputed Senkaku Islands, claimed by China as the Diaoyu. Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping agreed to work toward establishing such a maritime crisis hotline after their brief meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit meetings held in Beijing last November. That summit […]
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Earlier this month, Argentina received $400 million from the People’s Bank of China as the fourth installment of an $11 billion currency swap agreement with China. In an email interview, Eduardo Daniel Oviedo, professor of political science and international relations at the National University of Rosario in Argentina, discussed Argentina’s relations with China. WPR: What are the main areas of cooperation between China and Argentina, and what are the areas of contention? Eduardo Daniel Oviedo: Politics, trade, investment and migration are the main areas of cooperation between China and Argentina. Mutual support on the issues of the Falkland Islands—known in […]
Pakistani Finance Minister Mohammad Ishaq Dar was in Japan last week for talks with his Japanese counterpart, Taro Aso, on trade and economic cooperation. In an email interview, Ahmad Rashid Malik, a senior research fellow at the Institute of Strategic Studies in Islamabad, discussed Pakistan-Japan relations. WPR: What are the main areas of cooperation between Japan and Pakistan? Ahmad Rashid Malik: Economic and security issues have been the main areas of cooperation between Pakistan and Japan over the years, including promoting trade and attracting investment. Pakistan has long sought Japanese loans, technical cooperation and the transfer of commercial technology. Japan […]
U.S. President Barack Obama will most likely devote less attention to foreign policy issues in tonight’s State of the Union speech than to his domestic priorities, including continuing the U.S. economic recovery while reducing income and wealth inequalities and addressing the special concerns of African-Americans and other U.S. minorities. What time the president does allocate to foreign policy issues will as usual probably focus on the Middle East, although Russia, climate change and the resumption of diplomatic relations with Cuba will also likely be highlighted. Although these are undeniably important issues, hopefully Obama appreciates that his ability to leave behind […]
Earlier this month Venezuela and Ecuador received major boosts from China, which has redoubled its stake in the two Latin American economies most vulnerable to plunging oil prices. Following recent visits to China by financial chiefs from both countries, Venezuelan President Nicolas Maduro and his Ecuadorian counterpart, Rafael Correa, each traveled to Beijing in early January, where China held its first annual ministerial meeting with the Community of Latin America and Caribbean States (CELAC). Correa returned from the visit with approximately $5.3 billion in new financing from the Export-Import Bank of China; Maduro announced that Venezuela would receive an additional […]