[UNCTAD] The West’s worst nightmare
Written by The Nation Pakistan
In yesterday’s conference, committee members negotiated on trade opportunities and reducing reliance on China. However, in this day and age with China anticipated to be the next superpower, can countries reject the opportunities partnership with China can bring?
The meaning of partnerships in international affairs is not always apparent. A partnership can refer to an alliance (for example, the Trans-Atlantic Partnership), shared economic cooperation (for example, economic partnership agreements), or even rivalry. Partnership, on the other hand, has a distinct connotation in other nations' nomenclature and refers to just a certain sort of relationship. For example, the United States reserves partnership for ties with non-allies that are more official and organized than regular intergovernmental discussions.
The EU uses partnership as a tool for particular goals of economic cooperation. Countries such as the Republic of Korea and Vietnam, in addition to China, have built highly diversified and tiered networks of relationships. China appears to be far from alone in its use of cooperation to advance its national interests. The fact that China placed cooperation networks at the core of its foreign policy strategy distinguishes its approach. China is one of the few countries that places a greater emphasis on forming alliances.
The committee has come to a conclusion that it is not possible to reject the economic growth China partnerships can bring. There was a fear of missing out rather than fitting in with most western countries boycotting China. As of now, the benefits of partnering China outweigh other countries-other countries partnerships. The committee must come up with a solution soon before China dominates the economy and countries would be forced to partner with China.
In yesterday’s conference, committee members negotiated on trade opportunities and reducing reliance on China. However, in this day and age with China anticipated to be the next superpower, can countries reject the opportunities partnership with China can bring?
The meaning of partnerships in international affairs is not always apparent. A partnership can refer to an alliance (for example, the Trans-Atlantic Partnership), shared economic cooperation (for example, economic partnership agreements), or even rivalry. Partnership, on the other hand, has a distinct connotation in other nations' nomenclature and refers to just a certain sort of relationship. For example, the United States reserves partnership for ties with non-allies that are more official and organized than regular intergovernmental discussions.
The EU uses partnership as a tool for particular goals of economic cooperation. Countries such as the Republic of Korea and Vietnam, in addition to China, have built highly diversified and tiered networks of relationships. China appears to be far from alone in its use of cooperation to advance its national interests. The fact that China placed cooperation networks at the core of its foreign policy strategy distinguishes its approach. China is one of the few countries that places a greater emphasis on forming alliances.
The committee has come to a conclusion that it is not possible to reject the economic growth China partnerships can bring. There was a fear of missing out rather than fitting in with most western countries boycotting China. As of now, the benefits of partnering China outweigh other countries-other countries partnerships. The committee must come up with a solution soon before China dominates the economy and countries would be forced to partner with China.
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