Comments on: Year of Chinese-Indian Friendship…on Oil? http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/ analyses and musings on global security issues - terrorism, energy, defense etc Sun, 01 Nov 2009 10:58:32 +0000 http://wordpress.org/?v=1.5.1-alpha by: IJ http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-78 Sun, 15 Jan 2006 10:17:02 +0000 http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-78 There should be a fundamental change in the factors that drive the flow of money around the world? This appears logical, but recommendations for financial stability globally may not be approved by the leading shareholders, currently, in the UN's special economic agency - the International Monetary Fund. There should be a fundamental change in the factors that drive the flow of money around the world? This appears logical, but recommendations for financial stability globally may not be approved by the leading shareholders, currently, in the UN’s special economic agency - the International Monetary Fund.

]]> by: IJ http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-77 Fri, 13 Jan 2006 21:28:10 +0000 http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-77 Thanks for the information - distributing vital resources to minimise warfare is not easy. I read that the US, not the UN, needs to recognise more the up-and-coming nations in international organizations where they are already members; nevertheless little is happening. As a result, these nations are fed up and forming their own alliances. But some international organisation should surely step in. Earlier this week, a leading official at the IMF complained of imbalances in trade around the world. The US, in particular has a colossal trade deficit and others have big surpluses. The official said: "Without a fundamental change in the factors driving savings and investment, a substantial revaluation [in the Chinese yuan] could merely alter who the U.S. imports from rather than how much it imports.” But who should rewrite the rules for global savings and investment? The G8? Thanks for the information - distributing vital resources to minimise warfare is not easy. I read that the US, not the UN, needs to recognise more the up-and-coming nations in international organizations where they are already members; nevertheless little is happening. As a result, these nations are fed up and forming their own alliances.

But some international organisation should surely step in. Earlier this week, a leading official at the IMF complained of imbalances in trade around the world. The US, in particular has a colossal trade deficit and others have big surpluses. The official said: “Without a fundamental change in the factors driving savings and investment, a substantial revaluation [in the Chinese yuan] could merely alter who the U.S. imports from rather than how much it imports.”

But who should rewrite the rules for global savings and investment? The G8?

]]> by: StrategyUnit http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-76 Fri, 13 Jan 2006 18:43:20 +0000 http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-76 Thanks for the excellent comment. I wanted to talk about Iran as well, but I wanted to make Iran gas deals as a seperate post. To add to your list, Ukraine also talked about engaging Iran for gas deals to lessen Russian dependency. As for China, the Foreign Minister is heading up a trip to Africa this week (or the next) centered mostly around securing energy resources in Africa. Thanks for the excellent comment. I wanted to talk about Iran as well, but I wanted to make Iran gas deals as a seperate post.

To add to your list, Ukraine also talked about engaging Iran for gas deals to lessen Russian dependency.

As for China, the Foreign Minister is heading up a trip to Africa this week (or the next) centered mostly around securing energy resources in Africa.

]]> by: IJ http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-75 Fri, 13 Jan 2006 16:54:28 +0000 http://strategyunit.blogsome.com/2006/01/13/year-of-chinese-indian-friendshipon-oil/#comment-75 Iran is widely connected. In a very interesting post, you mention that Japan signed a $3 billion energy deal with Iran. In addition to this, Iran also has a huge energy deal with China, possible deals with India; and the current presidency of the EU - Austria - wants the Union to reduce its dependence on Russia for gas and get some from elsewhere - Iran is mentioned as a possible supplier. On energy hungry India and China, Stratfor commented yesterday: "In the past six months, China has engaged several countries -- including Vietnam, Turkmenistan and Iran -- in cooperative energy projects that have yielded Beijing both natural resources and political gains. The India-China energy partnership, however, offers substantially less money, indicating China primarily seeks political gain from the arrangement amid growing Russian and American interest in India." On regional rather than global alliances, India, China and other emerging New Core powers are already members of the United Nations system. These countries may think that the system fails to address their needs, as they interpret them. Their options are limited. Iran is widely connected. In a very interesting post, you mention that Japan signed a $3 billion energy deal with Iran. In addition to this, Iran also has a huge energy deal with China, possible deals with India; and the current presidency of the EU - Austria - wants the Union to reduce its dependence on Russia for gas and get some from elsewhere - Iran is mentioned as a possible supplier.

On energy hungry India and China, Stratfor commented yesterday: “In the past six months, China has engaged several countries — including Vietnam, Turkmenistan and Iran — in cooperative energy projects that have yielded Beijing both natural resources and political gains. The India-China energy partnership, however, offers substantially less money, indicating China primarily seeks political gain from the arrangement amid growing Russian and American interest in India.”

On regional rather than global alliances, India, China and other emerging New Core powers are already members of the United Nations system. These countries may think that the system fails to address their needs, as they interpret them. Their options are limited.

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