As US-China rivalry reaches its peak and the likelihood of a high-intensity conflict in the region seems greater than ever, this report advocates for a pragmatic recalibration of France’s strategic posture in the Indo-Pacific. This adjustment should be grounded in a realistic reframing of ambitions and an analysis of France’s core interests and the threats it faces.

As one of the most successful trading blocs, the EU sees itself confronted with the erosion of the global rules-based trading system and trade becoming increasingly weaponized.

In a previous note published in 2018, we noted that global coal demand had flattened. Several governments had announced coal phase-out plans, global coal power investment had contracted, and investment in greenfield coal mines was also at a standstill. The freezing of financial resources for coal projects might have indicated the beginning of a structural decline in coal demand and supply.

The EU-Mercosur trade deal was believed to be heading toward the finish. The election of Luiz Inácio Lula da Silva as the president of Brazil, as successor to the right-wing populist Jair Bolsonaro, and the Spanish presidency of the European Union (EU), raised hopes for its conclusion. But the reservations expressed by several EU member states and some Latin American countries have dashed hopes.

Russia’s invasion of Ukraine on February 24, 2022, marked a turning point in German defense policy. After thirty years of military downsizing, the Bundeswehr found itself at an extremely low capability level just as a high-intensity war involving a great power was breaking out on Europe’s doorstep for the first time since 1945. Chancellor Olaf Scholz’s response was to embrace this “turning point” (Zeitenwende) by launching a major program to reequip Germany’s armed forces.

The period of peace, economic prosperity, and political stability that Germany has experienced since the end of the Cold War ends with the Ukrainian war. The shock wave of this conflict particularly hit its economy and thereby undermines the foundations on which Germany had based its power, its international influence and established its identity.

The paper provides a European Union (EU) perspective on the Indo-Pacific Economic Framework (IPEF).