Biden’s proposed summit with Putin
In an unprecedented move, U.S. President Joe Biden has proposed a summit with Russian President Vladimir Putin at a third country to speak about the issues affecting both countries.
While some observers see this as a power move from Biden, others strongly believe that Biden speaking first gives Putin an edge. It is no news that both countries disagree on many issues including, cybersecurity breaches and sanctions, but Washington says it is still willing to work with Russia on issues that affect both countries.
Biden proposed the summit during a phone call between the two leaders. According to the White House, President Biden also made clear that the United States will act firmly in defense of its national interests in response to Russia’s actions, such as cyber intrusions and election interference. President Biden also emphasized the United States’ unwavering commitment to Ukraine’s sovereignty and territorial integrity.
While the call for the submit may slow down Russia’s actions, this is not the time to celebrate, as a lot can happen before the summit takes place. According to the Kremlin, the Russian government is studying the proposal. Will they take it? What will be the impact of this summit if it happens? This is one story we must follow closely.
Russia’s Military Drill
For weeks, tension has been rising in Ukraine as the largest massing of Russian forces with thousands of combat-ready troops have been spotted in Ukraine borders. The Kremlin has not given details and president Vladimir Putin’s spokesman Dmitry Peskov said moving troops across Russian territory was an “internal affair”.
This has caused many to speculate that Russia could be planning an invasion in Ukraine, and as a result, Ukraine, the U.S., and NATO have responded to Russia’s actions in several ways. Two U.S. warships arrived in the Black Sea this week in response to Russia’s forces. In response, Russia ‘warned the US. to stay far away from Crimea and its black sea coast for her good. Ukraine also began large-scale military exercises in the Kharkiv region, near the border with Crimea, that will last until the end of May.
Although Russia’s intentions are not clear, it may also be trying to raise the stakes and show that it can inflict a cost on any country and its allies trying to sanction it, although this could spiral out of control. In the likelihood that a war ensues, the black sea an important transportation artery that links eastern European countries with world markets will be greatly affected. Trade, movement of goods and services as well as consumers globally will feel the impact of this war. Should supply chain professionals begin putting steps in place in case this happens or is this move too quick?
Canada – U.S.ties.
Canada’s Chamber of Commerce has launched a campaign aimed at strengthening ties with the United States. The campaign focuses on five key areas
- Lobbying the federal government to establish a plan to reopen the Canada-U.S. border “that is underpinned by clear metrics and dates.”
- Ensuring protectionist “Buy American” rules do not deny Canadian exporters and suppliers access to trillions of dollars in proposed U.S. infrastructure and stimulus spending.
- Preserving “tightly integrated” continental defense and security supply chains.
- Establishing a common bilateral approach to both shared environmental challenges and energy infrastructure, as well as supply chains for critical mineral development.
- Redoubling efforts on regulatory cooperation to streamline bilateral mechanisms and reduce red tape for companies.
Canada also wants to ensure that the “Buy American” rules do not block Canadian exports and prevent Canadian businesses from Biden’s $2-trillion infrastructure plan.