A recent column in the Financial Times highlights a collaborative proposal from the leaders of Canada, Kenya, Brazil, and the European Union. Together, they are advocating for the establishment of a new group called Partners for Multilateralism.
Whether it is referred to as P4M or a middle-powers initiative, the primary objective of this project is unmistakable. The organizers want to minimize the growing threat of global fragmentation brought on by US-China great power competition.
To address this issue, the proposed effort seeks to establish an adaptable and inclusive structure. It invites nations from diverse political backgrounds and geographic areas to successfully bridge their divides. By working together, these countries can assemble alliances focused on reform and turn their shared principles into concrete, real-world actions.
https://www.ft.com/content/d9e6c07e-7d84-4e41-a9a2-0d0ac2319dd2
#economy #markets #globalization @FT
Whether it is referred to as P4M or a middle-powers initiative, the primary objective of this project is unmistakable. The organizers want to minimize the growing threat of global fragmentation brought on by US-China great power competition.
To address this issue, the proposed effort seeks to establish an adaptable and inclusive structure. It invites nations from diverse political backgrounds and geographic areas to successfully bridge their divides. By working together, these countries can assemble alliances focused on reform and turn their shared principles into concrete, real-world actions.
https://www.ft.com/content/d9e6c07e-7d84-4e41-a9a2-0d0ac2319dd2
#economy #markets #globalization @FT