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Geopolitical rivalry leaves Europe with less influence

Friday, November 6, 2020

Significance

Global order and institutions have been undermined by the hostile assertiveness of the United States, China, Russia and Turkey; COVID-19 has strengthened the trend. This leaves Europe facing the daunting challenge of pursuing a new geostrategic agenda conducive to political unity and economic success.

Impacts

  • The disproportionate impact of COVID-19 across the EU risks accelerating Euroscepticism.
  • In the wake of budget cuts and member state divisions the EU will continue to struggle to stabilise troubles in its neighbourhood.
  • EU efforts to assert its international influence by shaping the global regulatory environment risk facing greater backlash.
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