Wednesday, October 14, 2015

After the completion of TPP in the Pacific Rim, Brazil see talks with Russia to join the EEU

With the Trans-Pacific Partnership (TPP) finalized a week ago, and simply waiting approval from Congress and other member state legislatures, countries within Central and South America are now finding themselves on the outside looking in when it comes to localized trade and exports.  And while the country of Brazil is already a member of the BRICS coalition, the hemorrhaging economy is now seeking a way to join in Russian led European Economic Union (EEU) to counter the fact that neighboring Peru and Chile are now part of the U.S. led trade consortium.
Global trade coalitions appear to be the wave of the future, with differing levels of free trade being the differentiating factor between those coming from Asia and Eurasia, and those coming from the United States, the Pacific Rim, and potentially Europe.


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