Talks between Japan and South Korea on resuming negotiations on a bilateral free trade agreement have been postponed indefinitely after Seoul said it was unhappy over a reference to the Takeshima islets in school handbooks
The growth of relations between several Caricom states and the Venezuelan-promoted
ALBA and Petrocaribe initiatives is one of the most significant recent developments in
regional affairs. An immediate issue that has arisen is whether membership of ALBA
might conflict with the obligations of membership of Caricom itself. There are also larger
issues of a strategic nature for Caricom.
The Middle East and North Africa are in the process of being divided into spheres of influence between the European Union and the United States. Essentially the division of the Middle East and North Africa are between Franco-German and Anglo-American interests. There is a unified stance within NATO in regards to this re-division.