Counter US influence counter Indian influence in Central Asia Eurasia possibly

Counter us influence counter indian influence in

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Counter US influence, counter Indian influence in Central Asia & Eurasia, possibly counter Chinese influence; strong Russia wants stronger Eurasian union to fend off US, India, and China Economic Blocks, etc. AU & SCO AU: African Union used to be named the organization of African unity; Now trying to pick up success and piggyback on the concept of the European Union but hasn’t worked for them Why hasn’t trade blocks not work in Africa? They are poor!; poor people don’t buy or consume anything Most African states export/import outside Africa; most African stuff goes to America, Europe, China, & Japan and that’s where they get finished goods from SCO: Shanghai Cooperation Organization used to be called the Shanghai six but now they have 7/8 members Russia & China are the primary members and Central Asian states kind of form Asian sandwich
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Don’t know goal b/c they are a new bloc and still feeling/figuring things out; Economics major part of what they are doing; They are working together to increase trade but of specific commodities, and build infrastructure between member states to move natural gas and oil Russian and Central Asian states have a ton of stuff & China needs tons of stuff; Economic collaboration particularly with energy resources OPEC= cartel; not a trade bloc, cartels have nothing to do with trade at all except when it comes to one single commodity What is a cartel? Formal agreement between competing businesses to control most of a resource Prices going down for consumers that is what competition between businesses does; Cartel can get together and do the reverse In a cartel they set the price collectively and charge same thing, so they will all make more money. Fix stable set price. OPEC: Organization of Petroleum Exporting Countries (OIL)- Dozen countries: Algeria, Angola, Ecuador, Iran, Iraq, Saudi Arabia, Kuwait, Qatar, United Arab Emirates, Libya, Nigeria, & Venezuela. These countries nationalized their oil industries, outright own and control the oil industries in their countries Could US ever join OPEC? US could not join OPEC b/c it doesn’t control its oil industry. Let’s Exxon, Shell and BP control oil, has not nationalized it oil. Still can’t because US cannot export oil.
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