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Energy Charter Treaty

Why U.S. - EU Economic Co-Operation Holds The Key To Global Governance

By Robert Hutchings

The globalised economy and the rise of new economic giants demand a radically reformed international system, says Robert Hutchings. But it will nevertheless fall to Europe and America to fashion these new structures for global governanceDespite the many calls for a “new Atlanticism” or a “new transatlantic bargain,” the U.S.-European relationship is still imprisoned by old habits and ways of doing business. Yet, it is an inescapable reality that almost all the new challenges lie outside the traditional NATO relationship, and many of them are in areas where U.S. and European views have long diverged. READ MORE

EU-Russia summit reveals differences rather than agreement

EU and Russian leaders failed to mend the rifts at their summit in the Siberian town of Khabarovsk. Moscow criticised the EU's new eastern partnership while Brussels urged for a more reliable energy supply.

At the press conference on the last day of talks, both sides were eager to stress the good relations and the positive atmosphere of the summit. READ MORE