Carney: Europe should continue expanding by welcoming new members while also building stronger partnerships—or even deeper forms of integration—with the United Kingdom, Canada, Latin America, the Indo-Pacific region, and Africa.
Carney: The post Cold-war world rules-based order is breaking down
The only way for medium-sized powers to avoid becoming vassals of either the United States or China is through commercial and strategic integration, as exemplified by the European Union.
The EU's internal market already exceeds €4 trillion in annual trade, and in more than 88% of EU countries, the EU itself is their largest trading partner.
Europe should continue expanding by welcoming new members while also building stronger partnerships—or even deeper forms of integration—with the United Kingdom, Canada, Latin America, the Indo-Pacific region, and Africa.
Only by creating a broad network of aligned economies and strategic interests can Europe maintain its autonomy and influence in an increasingly multipolar world