Economic integration

Definition of economic integration

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 […]

Economic integration

NDS1 positions Zimbabwe for regional economic integration gains

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 […]

Economic integration

Hong Kong-based MPs and policy advisers to focus on economic integration in two sessions

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 […]

Economic integration

Expansion of CPTPP conducive to regional economic integration

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 […]

Economic integration

Asia-Pacific Signals Strong Commitment to Economic Integration and Cooperation with Signing of RCEP | K&L Gates LLP

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. […]

Economic integration

Signature of RCEP: Asia-Pacific Economic Integration

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 […]

Economic integration

Regional Comprehensive Economic Partnership (RCEP) to deepen Pacific economic integration

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

Economic integration helps boost trade and investment in Africa | Work in development

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 […]