Tag: international trade
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Vietnam Adopts China’s Approach by Constructing Artificial Islands
Vietnam is adopting a strategy similar to China’s by constructing artificial islands in disputed areas of the South China Sea. This move, reflective of China’s previous efforts to solidify its claims in the region, signals Vietnam’s intent to strengthen its territorial claims and enhance its strategic military positioning. The development raises questions about the future…
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Draghi Report Highlights EU’s Defense Spending Concerns and Calls for Increased Investment
In a recent report by former European Central Bank Chief, Mario Draghi, a critical overview of the European Union’s defense spending and technological investments is presented. The report highlights a significant reliance on non-EU countries, particularly the United States, for defense equipment, with almost two-thirds of such purchases made from outside the EU. Additionally, it…