Five Economic Highlights of the 2017 BRICS Summit Xiamen Declaration

The annual BRICS Summit bringing together the leaders of Brazil, Russia, India, China, and South Africa has been concluded in the Chinese seaside city of Xiamen with the issuance of the Xiamen Declaration, which summarizes the points of consensus reached by the BRICS countries in various fields of their cooperation. While BRICS annual summit declarations are traditionally lengthy documents covering a wide range of subjects, present note highlights five specific issues of economic cooperation, which bear a unique imprint of the BRICS “partnership without alliance” and are expected shape the BRICS economic cooperation during its “second golden decade”. Read more ...

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Not Just a Bridgehead: EU’s (Possible) Vision for Taiwan

From a geoeconomic perspective, Taiwan represents a hot spot that unites the flows of goods and capital from near mainland China, from the South-East Asian cauldron, as well as a bridgehead for Western transoceanic commerce and investment. Not truly an island (in the sense of isolation), but a focal meeting point between two seas and an (open) ocean, Taiwan strategically lies in one of the best positions in opening up the Asian markets to larger influxes of EU-based products and capital. Read more ...