Atlantic Council

Andrei Denisov, Russia's deputy foreign minister, told a roundtable of American businessmen that he hoped the dispute over Georgia would not impede trade between his country and the United States, RIA Novosti reports. "We hope the pragmatism and common sense of the current and future U.S. administrations will prevail, and we will continue cooperation in all areas."

A "State Department source" tells CNN that the Bush administration will likely withdraw from the 123 Agreement, which would have greatly increased the trade of nuclear goods, services, and technology with Russia, as punishment for Moscow's military actions in Georgia.

CSIS Russia expert Jon Wolfsthal charges that Congress was unlikely to approve the deal in any case, so "they are making a virtue out of a necessity."

Moscow is isolating itself from world trade in response to criticism of its invasion of Geogia, Alan Beattie and Luke Peterson repor for the FT. They note that "In the past week Moscow has announced it will suspend agreements to import pork and chicken, banned 19 US companies from exporting poultry to Russia and blocked Turkish trucks at customs posts" and that it would "review its trade agreement with Ukraine."

 Joe Guinan, a trade analyst at German Marshall Fund think-tank in Brussels, said: “It is unfortunate the US approach over Russia’s WTO membership has provoked this reaction. Tit-for-tat trade wars don’t help anyone.”  He also contends that the West has relatively little leverage, noting that one of the EU's conditions for allowing Russia into WTO was an agreement not to block exports of raw materials.  

Today, hunger, poverty, and desperation remain prevalent throughout much of the developing world. If we are to live in a 21st century more prone to peace than violence, the developed countries must move expeditiously to address the developing countries’ requirements for energy, water, and agricultural production.

Deputy Secretary of the Treasury Robert Kimmitt provided an overflow Atlantic Council audience with a “snapshot” of how Treasury is working in the United States and abroad to advance open economies while protecting US national security.  Kimmitt said that globalization will only grow and that “the prosperity of the United States and the world economy will depend in large

Calling for the lifting of U.S. sanctions against Cuba, The Atlantic Council of the United States presented “A Road Map for Reversing U.S. Relations with Cuba” on June 21st, 2007.  The latest issue brief offers 20 key recommendations to pull U.S.-Cuban relations out of a nearly half-century of deep freeze.

Deputy Secretary of the Treasury Robert Kimmitt provided an overflow Atlantic Council audience with a “snapshot” of how Treasury is working in the United States and abroad to advance open economies while protecting US national security.  Kimmitt said that globalization will only grow and that “the prosperity of the United States and the world economy will depend in large measure on our ability to balance open investment regimes and national security interests.”

The Council’s report Transatlantic Leadership for a New Global Economy is the product of a commission co-chaired by Stuart E. Eizenstat, former deputy secretary of the Treasury a­nd Council board member, and Grant D. Aldonas, former under secretary of Commerce for international trade.

Beginning with the start of reform in the late 1970s, China’s industry has recorded impressive growth of output, labor productivity, and exports as well as dramatic upgrading of the quality and variety of output.