Ottawa is actively working to connect the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with the European Union, aiming to establish a significant new trading bloc. Talks are underway this year between the two blocs to align supply chains and establish unified “rules of origin.” This initiative seeks to facilitate smoother, low-tariff trade by allowing manufacturers across the approximately 40 participating nations to integrate their production processes through a system known as cumulation.
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A leaked Kremlin report details Russia’s plan to establish a Moscow-led Eurasian trade bloc to counter Western influence and restore global power. This bloc aimed to connect the Global South through resource access and strengthened financial ties, even establishing its own sanctions policy. However, the report acknowledges that the invasion of Ukraine and subsequent Western sanctions have significantly hampered this ambition, driving former allies away and limiting Russia’s influence in the post-Soviet space. The Kremlin intends to pursue a long-term strategy, emphasizing shared history and apparent respect for national independence to regain influence in Central Asia. Despite these challenges, the report cites Belarus as a successful example of ongoing Russian influence.
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John Q. Hosedrinker