Valentines day talks between Eastern powers
In tri-lateral talks between Russia, the Peoples Republic of China and India in New Delhi, all three countries pledged increased cooperation in an ever changing political environment. While the talks mostly focused on the political cooperation and the United Nations, there was discussion of increased economic cooperation.
Russia , India and China are all rising economic powers, with growing industrial might, political and economic influence and huge markets. If these three countries were to form a sort of economic agreement or union, it would be a force that would rival that of the European Union.
If this were to come to pass, the American people would be among those who's lives would change as a result of this. By lowering the bars of competition between each other, they could focus on working together to achieve economic prosperity, similar to the goal of the North American Free Trade Organization ( NAFTA). America, quite possible would not be able to compete against such economic forcefulness, and our economy as a whole would suffer as a result. Jobs would be eliminated ,the dollar would depreciate further, and American could foresee ably lose its place as the leader of the world economically.
If we are to survive in an increasingly competitive world America needs to become an innovator on the world economic stage to stay ahead!
sources: daylife.com
