June 1, 2013

OUR REPUBLICAN PRESIDENT:

America's New Foreign Policy Initiative (Sergey Rogov, 4/22/13, RBTH Asia)

National Security Advisor Tom Donilon has said on several occasions that the White House believes a Trans-Pacific Partnership (TPP) could help the U.S. to remedy the situation. It's on this basis that Washington is planning to set up a free trade zone in the Asia-Pacific region. 

If the TTP becomes a reality, the US will account for three-fourths of the partnership's combined GDP. This will ensure American dominance within the new economic alliance.  [...]

The new U.S. strategy, however, is not limited to the Asia-Pacific region. The establishment of the Transatlantic Partnership together with the TTP is also a top priority for Obama's second term. 

As the process of globalization has slowed in recent years because of an inability to overcome disagreements between developed and developing countries, Obama's administration has focused on establishing interrelated regional economic blocks that comprise most developed democracies in North America, Europe and the Asia-Pacific region. The White House hopes to establish the TAP and the TTP before the end of Obama's second term. 

Obama is thus planning to place the United States at the helm of two "rings," two giant regional economic coalitions, the Transatlantic and Trans-Pacific Partnerships, which account today for 20 percent of the world's population, 65 percent of global GDP, and almost 70 percent of global exports. 

Posted by at June 1, 2013 5:54 PM
  

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