IKV organised a webinar entitled "Changing Global Balances and the European Union" on 26 February 2021. IKV Chairman Ayhan Zeytinoğlu delivered the opening speech of the webinar which was moderated by IKV Deputy Secretary General M. Gökhan Kilit. Highlighting the rise of China, Russia and Brazil in the international system in the post-Cold War era, IKV Chairman Zeytinoğlu stressed the need to restore multilateralism in an inclusive way in the Biden era.

During the panel session, Prof. Tarık Oğuzlu from Antalya Bilim University provided an in-depth analysis of transatlantic relations in light of the US’ return to the international arena and the growing strategic rivalry between the US and China. Touching upon Biden’s speech at the virtual Munich Security Conference, Prof. Oğuzlu pointed out that the discourse on "democratic vs. autocratic states" if it leads to a polarisation between states, could prove problematic. Meanwhile, Prof. Münevver Cebeci from Marmara University discussed the EU’s "actorness" in the international arena and stated that despite possessing the necessary capabilities the EU’s actorness is constantly constrained by the lack of political will among its Member States. Prof. Çağdaş Üngör Sunar from Marmara University assessed the changing global order from the perspective of China and pointed out to the dichotomy between values and interests in EU’s approach to China. Assoc. Prof. Emre Erşen, also from Marmara University, discussed the conflict dynamics in EU-Russia relations and mentioning the situation in Belarus and the poisoning of Alexei Navalny, stated that the relations were likely to continue on a negative trajectory. Finally, IKV Secretary General Assoc. Prof. Çiğdem Nas evaluated the dynamics of Turkey-EU relations within the wider international context and highlighted the importance of the European Green Deal for the EU to become a proactive actor in the international system.