CPEC: The riseof Pakistan
CPEC, as a symbol of cooperation between China and Pakistan, envisages the establishment of 2700 kilometers of road, railway, fiber connection, energy pipelines, industrial zones, and exclusive economic zones (MONE).
As per Turkish Statistical Institute (Turk Stat) data, Turkey's exports to Pakistan have greatly risen over the last 10 years from $155 million in 2008 to $352 million in 2017.
It’s particularly interesting that foreign minister Maas stated on 1 January, 2019, that Germany will focus on tasks in order to prevent worldwide crises.
Turkey’s endeavors and support in this regard have concurred with the strained global political context due to the Trump effect, Brexit, and the riseof the far-right in Europe.
From climate change to international terrorism and from civil wars to refugee crises, there are a host of issues that continue to spread instability throughout the planet.
In fact, no surprise should come out of this contradiction considering his administration had delivered initial signals on how he would construct, in essential, trade-based relations with ASEAN before his presidential victory in 2016.
During the broiling hot days of the GFC, the G20 was seen as the most powerful platform to lead global efforts to mitigate the effects of the crisis and to avoid new catastrophic crises in the future.
The EU has begun to implement "blocking statute" to enable EU companies to continue their commercial relations with Iran and compensate the damages that may arise from the sanctions.
and Iran do not yield any results and the hopes of a political resolution are ditched and/or European countries, in the announcement they are expected to make in the following days regarding the new financial mechanism, fail to satisfy Tehran's expectations, tension in the region can continue to rise.
Economic growth slowed down drastically, unemployment rates and income inequality increased, which paved the way for the riseof far-right politics, the purchasing power of ordinary people decreased significantly, and any trust left in institutions collapsed.