Ms. Ellen Johnson Sirleaf, Former President of Liberia and Chair, Transformation Leadership Panel Former President of Liberia Ms. Ellen Johnson Sirleaf said the African Continental Free Trade Agreement (AfCFTA) provides a ready vehicle for countries in the region to begin the process of moving towards greater autonomy in matters. regional cooperation and integration. She said […]
RIYAD – Speaker of the Council of Saudi Chambers Ajlan Bin Abdulaziz Al-Ajlan praised the constant development of Saudi-Omani relations in all fields, stressing that the visit of Sultan of Oman Haitham Bin Tarik to the Kingdom expresses the strength of political will. to strengthen relations between the two countries. Al-Ajlan expressed optimism from the […]
The move comes just days after the Kiev withdrawalto sign a UN declaration criticizing Beijing KYIV – Ukraine and China further deepened their economic integration this week after signing a cooperation project to work together on ambitious and large-scale road, bridge and rail projects of the Beijing Belt and Road Initiative. China’s Commerce Ministry said […]
Egyptian Minister of Trade and Industry Nevine Gamea met with Iraqi Minister of Planning Khalid Najim to discuss means of tripartite economic integration between the two countries and Jordan. Gamea also confirmed that the founding of an economic city on the borders between Iraq and Jordan represents a focal point to start the implementation of […]
Regional integration, security, macroeconomic stability and others were the main issues discussed when southern African leaders met in late June in Maputo, Mozambique. They were in the country for the extraordinary summit of heads of state and government organized by the Southern African Development Community (SADC). The main purpose of the event was to review […]
Addis Ababa, June 27, 2021 (Walta) – Ethiopian Finance Minister Ahmed attended a meeting with the finance ministers of Djibouti, Kenya, Somalia and Sudan to discuss the progress of the Horn of Africa Initiative (HoAI) in areas such as trade and energy as well as to develop a regional digital eco-system. Finance Ministers in Djibouti […]
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The president of CABEI expressed his support. “We are very optimistic,” he said. Central American Bank for Economic Integration supports Salvadoran Bitcoin law The head of the Central American Bank for Economic Integration […]
Egyptian Trade and Industry Minister Nevine Gamea said Egypt attaches great importance to achieving regional economic integration in Africa. Gamea stressed the importance of: activating joint continental work to achieve industrial and agricultural integration; strengthen intra-community trade; support small and medium-sized enterprises (SMEs); and create more employment opportunities. These contribute to Egypt’s achievement of the […]
MINSK, June 1. / TASS /. Russia and Belarus have entered the home stretch to negotiate all EU economic integration programs, Belarusian Prime Minister Roman Golovchenko said after meeting on cooperation with Russia , attended by President Alexander Lukashenko. “The government has unveiled the outcome of negotiations with its Russian colleagues, which have been actively […]
The Economic Integration Committee has approved an action plan to provide actual data on the beneficiaries of more than 400,000 companies registered in the United Arab Emirates. This is to ensure compliance with international standards as stipulated in the ministerial resolution, according to which companies are required to create a register of the real beneficiary […]
Researchers at the University of Pennsylvania Carey Law School and the Reinvestment Fund published “A Total Effort to Achieve Desegregation and Equal Opportunity: Fair Housing Assessment 2.0.” », An innovative research paper that proposes the use of equitable housing. law to work towards the end of segregation. In the report, the authors Provost and James […]
The executive framework of the African Economic Integration Initiative has been finalized, according to Ibrahim Al-Arabi, president of the Federation of Egyptian Chambers of Commerce (FEDCOC). Al-Arabi added that the first phase will start with the launch of a new website that offers investment opportunities and joint projects. This is part of the optimal exploitation […]
For the six economies of the Western Balkans, regional cooperation is proclaimed as a condition of their journey towards European integration. Stability Pact, Regional Cooperation Council, CEFTA, RYCO, Energy Community and Transport Community as well as the Berlin Process from 2014 are some of the initiatives and organizations created to achieve this goal. But, of […]
The Boao International Conference Center in Boao, Hainan Province (southern China). (File photo: Xinhua) Chinese President Xi Jinping called for greater global economic integration and warned of a new “cold war” and a new ideological confrontation in “any form” at the opening ceremony of the Boao Forum for Asia (BFA) 2021. The four-day annual conference, […]
ANKARA Africa must step up productive and infrastructural integration as part of the process of economic recovery from COVID-19, a report suggested. The African Regional Integration Index (ARII), a joint publication of the United Nations Economic Commission for Africa, the African Development Bank and the African Union Commission, provides up-to-date data on the state of […]
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What is economic integration? Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. Economic integration aims to reduce costs for both consumers and producers and to increase trade between the countries covered by the agreement. Economic integration is sometimes […]
The Chronicle Prosper Ndlovu, business writerThe National Development Strategy (NDS1), the country’s new five-year development roadmap, will play a key role in positioning Zimbabwe for increased gains within the framework of regional economic integration, said the Minister of Finance and Government. Economic Development, Professor Mthuli Ncube. This comes as the government is seriously focusing its […]
First batch of COVID-19 mRNA vaccine in Hong Kong and Macau With many Hong Kong-based MPs in the national legislature and members of the highest political advisory body due to attend the next two sessions in Beijing, they bring a plethora of proposals and suggestions focused on improving economic integration between mainland China and Hong […]
Illustration: Tang Tengfei / GT As one of the world’s leading free trade blocs, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is about to see a new candidate – the UK which has just left the EU. . The accession of more members will strengthen the scope of the agreement, accelerate economic and […]
Differences between separate legal systems, currencies and capital account regimes could make full economic integration within the Great Bay Area (GBA) initiative incompatible with the “One country, two systems” principle. “Said the rating agency Fitch Ratings. “This constitutional foundation will limit the ability of policy makers to harmonize regulations and introduce unhindered movement on factors […]
After eight years of negotiations, the Regional Comprehensive Economic Partnership (RCEP) – covering 15 economies in the Asia-Pacific region, representing 30 percent of the world’s population, 30 percent of global GDP and 34 percent of global investment flows —Was finally signed on November 15, 2020. The RCEP is expected to come into force in 2021. […]
Wednesday, December 9, 2020 After eight years of negotiations, the Regional Comprehensive Economic Partnership (RCEP) – covering 15 economies in the Asia-Pacific region, representing 30 percent of the world’s population, 30 percent of global GDP and 34 percent of global investment flows —Was finally signed on November 15, 2020. The RCEP is expected to come […]
LONDON, November 20, 2020 / PRNewswire / – Enabled November 15, 15 the countries signed the Regional Comprehensive Economic Partnership (RCEP). This trade and investment agreement will cover around 30% of the world in terms of GDP and population. Over time, this should lead to a deeper integration of regional supply chains and Eastern economies […]
Economic integration with the rest of the world has eluded the Middle East and North Africa (MENA) region. It represents 5.5% of the world’s population and 3.9% of global GDP. Yet its share in world non-oil trade is 1.8 percent, rising to 6.2 percent when oil is included. The nature of the oil sector – […]
Africa needs to industrialize to diversify away from natural resources and create jobs for its rapidly growing young population. And by boosting intra-continental trade, consumption and investment, regional integration can be a powerful vehicle for improving productivity, building manufacturing powerhouses and developing credible African brands. ABIDJAN — When Kwame Nkrumah, under whose leadership Ghana became […]
The collapse of virtual borders is one of the most remarkable things that has happened in our lifetime. In the world of cyberspace, time and distance have become almost secondary considerations when it comes to doing business. Services ranging from software development to accounting can be provided worldwide in the blink of an eye. Future […]