A Eurasian Challenge to the International Political and Economic Order?

A Eurasian Challenge to the International Political and Economic Order? US Responses and Implications for Europe

Thursday, 12th July 2018
17.30 – 19.30, followed by a drinks reception
(Registration from 17.15)

Mary Sumner House, 24 Tufton Street, London SW1P 3RB

Joint event by the Federal Trust, Global Policy Institute and Blenheim Strategy

Speakers:

Lord Green of Hurstpierpoint
Chairman of Asia House, and former UK Minister of State for Trade and Investment as well as former Group Chairman of HSBC

Professor Anatol Lieven
Professor of International Relations, Georgetown University, Qatar; Senior Research Fellow at the Global Policy Institute

Stephen D. King
Senior Economic Advisor to HSBC; Author of ‘Grave New World: The End of Globalization, the Return of History’ (2017)

John Stevens
Former MEP; member of the Federal Trust’s Advisory Council and Senior Research Fellow at the Global Policy Institute

Eurasian integration gathers pace, principally driven by China’s various One Belt One Road (OBOR) initiatives, which increasingly involve a close partnership with Russia. These initiatives are central to what may well prove to be the greatest international system-building exercise since the United States laid the basis for the liberal international order in the wake of WW2. Moreover, China and Russia are also seeking to become more independent of the USD-dominated global financial system by launching their own alternatives to the SWIFT interbank clearing and settlement system, striking numerous trade deals that circumvent the USD, or by launching a Yuan-based gold futures’ and most recently a Yuan-based oil futures’ contract. All these initiatives collectively represent a significant challenge to continued US global leadership, to the liberal international order and even to the stability of the USD-based global economic and financial system.

This event will analyse the extent and depth of the challenge that the China-Russia led drive for Eurasian integration poses to US hegemony and the international system, assess the current US strategy for dealing with this challenge, specifically with regard to its policies towards Russia, and evaluate the incipient financial and trading conflicts between the US (and its allies) and the Russia-China Axis. Finally, we will seek to explore the strategic options available for Europe to deal with this changing international context and the risks that arise for its economic, political and security interests.

 

RSVP:

If you would like to attend this event please send an email to events@fedtrust.co.uk or ring the Federal Trust on 020 8065 0324.