GERMANY-RUSSIA BILATERAL RELATIONS

ShellThe way in which the Germans circumvent the economic sanctions introduced by the EU  and the Russian embargo on food from Europe, are FDIs in Russia. In 2016 German exports to Russia amounted to EUR 21.5bn. The volume of trade is currently at EUR 48bn.

GERMAN COMMITTEE ON EASTERN EUROPEAN ECONOMIC RELATIONS

Thanks to its proximity to Germany, its continued strong demand for modernization and its growing purchasing power, Eastern Europe is a major region of opportunity for the German economy. Founded in 1952, the German Committee on Eastern European Economic Relations has the richest tradition of any regional initiative of German business. The Committee aims to improve the framework conditions for German companies in Eastern and Southeastern Europe, Russia and Central Asia. All companies with a registered office in Germany can apply for membership.

HOW EUROPE CONTRIBUTES TO THE US ECONOMY

  1. In 2015 Europe accounted for 80% of estimated global FDI inflows into the U.S. of $384 billion.
  2. Europe accounted for nearly 70% of the $2.9 trillion invested in the United States in 2014 on a historic cost basis. The bulk of the capital was sunk by British firms (with total UK stock amounting to $450 billion), the Netherlands ($305 billion), Luxembourg ($243 billion), and then Switzerland, Germany and France ($224 billion each).

GERMAN-US BILATERAL RELATIONS

In 2016, the U.S. trade deficit in goods with Germany was a little under $ 65 billion. The US deficit in trade in services was less than $ 2 billion

US. Imports from Germany

Specifically, the United States bought goods from Germany worth $ 114 billion

  1. Passenger Cars, New and Used $ 21.9 billion,
  2. Pharmaceutical Prepations $ 13.8 billion,
  3. Parts and accessories of vehicles: $ 5.9 billion,
  4. Industrial machines: $ 5.5 billion
  5. Medicinal Equipment: $ 4.7 billion

US Exports to Germany

FRANCE-US BILATERAL RELATIONS

France and the United States, in addition to their strong relationship at the political level, have deep economic ties that are mutually beneficial. These trade and investment flows support growth, jobs and innovation in both countries.

ANTI-RUSSIAN CAMPAIGN: A LOSE LOSE SITUATION

Western countries are cultivating a narrative of Russia being guilty of every negative event. This growing information warfare campaign against Russia in the West creates the impression that any negative event in the world is the work of Russian special services or Russian hackers.

Recently UK Prime Minister has mounted a stern attack on Russia e.g.

WHY YOU NEED AN AMBASSADOR TO THE EU MR. PRESIDENT !!!

The U.S. Mission to the European Union is the direct link between the U.S. Government and the European Union in Brussels, Belgium. Staff of the U.S. Mission to the EU (USEU) includes representatives from the Department of State (Political, Economic and Public Affairs Sections), the Foreign Agricultural Service (FAS), Office of the U.S. Trade Representative (USTR), the Foreign Commercial Service (FCS), the Department of Homeland Security, the Department of Justice, the Department of Defense DoD), and the U.S. Agency for International Development USAID).

PRAGMATIC ARGUMENT FOR CRIMEA INDEPENDENCE

Source: John Burke & Svetlana Panina-Burke, The Reunification of Crimea and the City of Sevastopol with the Russian Federation, 5(3) Russian Law Journal 29–68 (2017).

MOVING TOWARDS A GEOPOLITICAL SETTLEMENT WITH RUSSIA

A potential general geopolitical settlement between the United States, the European Union, and Russia including Crimea would prove to be in the interest of each party. Countries of the Black Sea, Balkans, and Caucasus, which are members of the Black Sea Economic Cooperation (BSEC) organization possess tremendous economic potential that could be put toward the purposes of peace and development.

ABOUT THE U.S. TRADE DEFICIT

In 2016, the U.S. exported $ 2.2 trillion in goods and services while it imported € 2.7 trillion, leaving a trade deficit of roughly $ 500 billion.  Today’s $ 500 billion deficit represents about 2.7 percent of US GDP. By far the largest bilateral trade imbalance is with China. The United States ran a $ 347 billion deficit with China in 2016. The next largest contributor to the deficit at $ 68 billion is Japan and the third contributor in Europe is Germany at $ 65 billion.

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