07/24/13

Permalink US to create two major economic unions without Russia and China

By early 2013 a long-term strategic goal of the U.S. foreign policy became clear. The goal is to create two economic unions to confront the growing power of the BRICS member countries and form two large markets under the control of the United States in the Atlantic and Pacific areas without the participation of China and Russia. The Trans-Atlantic and Trans-Pacific Partnership aim at creating an "economic" NATO, Transatlantic Free Trade Area (TAFTA) between the United States and the European Union. The defense budget of its member countries amounts to approximately 58 percent of global military spending. The outline of the economic agreement in the Pacific version with the participation of traditionally inflexible Japan is not clearly defined, but given the enormous influence of the U.S. in the largest countries of the region and surrounding areas such as Australia, Indonesia, Malaysia, the Philippines and others, it is safe to assume that the degree of integration will be at least as high as TAFTA.

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