Year of Agreement

by bamsco December. 22, 22 3 Comments

The year of 2021 has been a unique one, marked by unprecedented challenges and shifts in various industries and sectors. In the world of business and politics, however, it could easily be called the “Year of Agreement.” This is because many significant international agreements have either been reached, signed, or renewed this year.

One of the most significant agreements signed this year is the Paris Agreement on climate change. As one of the most important global agreements ever reached, the Paris Agreement aims to limit global warming to well below two degrees Celsius above pre-industrial levels. The agreement was first signed in 2016 by 195 countries, but since then, not all the signatories had ratified the agreement. This year, as part of the efforts to combat the effects of climate change, many countries, including the United States, have recommitted to the Paris Agreement by ratifying it.

Another significant agreement that was reached this year was the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP is a free trade agreement between 11 countries, including Japan, Canada, Australia, and Mexico. The agreement aims to reduce trade barriers and increase economic integration between the countries involved while promoting environmental protection and labor rights.

In the political arena, the U.S. and Russia agreed to extend the New Strategic Arms Reduction Treaty (New START) for another five years in February 2021. The treaty limits the number of deployed nuclear warheads, missiles, and bombers each country can possess. This extension ensures that the two countries continue to reduce their nuclear arsenals and avoid a new arms race.

In the healthcare sector, the World Health Organization (WHO) and its global partners agreed to establish a new pandemic preparedness hub in Berlin this year. The hub`s primary objective is to improve global and regional pandemic preparedness and response, including the development of vaccines, diagnostics, and therapeutics.

The year of agreement has also extended to the sports world, as Tokyo hosted the Summer Olympics and Paralympics, which had been postponed from last year due to the pandemic. Despite the challenges, both events were held successfully, and athletes from around the world came together, showing unity and the spirit of sportsmanship.

In conclusion, the year of agreement has been an eventful one, with several significant agreements signed, renewed, or reached across various sectors of the global economy. These agreements will have far-reaching implications for the planet and human beings` future, making 2021 a year of hope and collaboration.

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