Europe Not Afraid to Defy US in Asian Adventure…(Bye Bye PetroDollar!!)

Thursday, March 19, 2015
By Paul Martin

SputnikNews.com
19.03.2015

As a trio of European countries have followed the UK’s lead and decided to join the Asian Infrastructure Investment Bank (AIIB), a move seen as defiant by the US, former Italian MEP explained that the countries don’t want to miss the opportunity to pursue profitable and secured investments in the most dynamically developing region in the world.

“The US government has involved so much effort and means not to let Europe participate in what Washington presents as a ‘trap’”, the Italian journalist, politician and former MEP Giulietto Chiesa told Sputnik.

But, as they say in London, “business is business,’ and the European countries don’t want to miss the opportunity, he added. China already dominates in the development of Asian infrastructure, transport, and energy. Investments in the area alongside such a partner will most likely be very profitable and well-secured. Therefore, Britain chose to enter the game. Germany, France and Italy are watching intently.

“Russia does not make its deep interest in the joint financial enterprise a secret,” he said. “If you just look at Siberia and especially Russia’s Far East, you’ll see that AIIB will most likely become the key tool in facilitating and attracting foreign investment from all over the world which could be ‘secured’ by China.

The Rest…HERE

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