African Union The African region, referred to as the “Dark Continent” by European colonizers, was the main source of the slave trade and raw materials for the industries that flourished during the Industrial Revolution in Europe and the expansion of cotton farms in the United States. United. In the advent of African decolonization in the […]
By personal writer The African regionthat the European colonizers called the “dark continent” was themain source of slave trade and raw materials for industries that flourishedduring the industrial revolution in Europe and the expansion of cotton farms inUnited States. At the advent of theAfrican decolonization in the early 1960s sounded the death knell for Africa. […]
January 11, 2022 BEIJING – Expert: Cooperation in the fight against the pandemic, vaccines set a good example The search for common development and the joint promotion of regional peace will be among the key issues discussed at upcoming meetings between State Councilor and Foreign Minister Wang Yi and officials from the Gulf states, an […]
The unveiling of the US $ 490 billion fiscal stimulus package in November coincided with the announcement by the UK Department for International Trade of a new export strategy. The aim is to increase exports to £ 1 trillion per year (£ 1.35 trillion) by 2030, from the current £ 600 billion. While the two […]
East Asia is an economically integrated region. The Association of Southeast Asian Nations (ASEAN), Asia-Pacific Economic Cooperation (APEC) and Regional Comprehensive Economic Partnership (RCEP), which is expected to come into force in January 2022, reflect economic integration of the region. The collective momentum of the countries of the region towards economic growth has contributed to […]
Egyptian President Abdel Fattah El-Sisi has pledged to realize his country’s vision of deepening economic integration between countries in the region and accelerating economic recovery from the coronavirus pandemic. During his presidency of the 21st session of the Common Market for Eastern and Southern African Countries (COMESA), Sissi highlighted the vital role played by the […]
© Provided by Xinhua SHANGHAI, Nov. 6 (Xinhua) – Regional economic integration will help boost financial openness and create more space for the development of financial institutions, according to participants in a sub-forum at the China International Import Expo (CIIE) in progress) in Shanghai. Wang Bingnan, Chinese vice minister of commerce, said China has played […]
People walk out of the 18th China-ASEAN Expo venue in Nanning, capital of southern China’s Guangxi Zhuang Autonomous Region, September 13, 2021 (Xinhua / Lu Boan) Leaders of China and the Association of Southeast Asian Nations (ASEAN) agreed on Tuesday to deepen cooperation to help the region recover from the COVID-19 pandemic, including the rapid […]
https://mma.prnewswire.com/media/1638275/20201021__8___10.jpg?p=original The plan says that by 2035, the Qianhai Cooperation Zone will benefit from a world-class business environment and strengthen its coordinated ties with Hong Kong and Macau, improve industrial synergy, interconnectivity of markets and support for innovation to Hong Kong and Macau. Cao said the free and convenient movement of all kinds of factors […]
SHENZHEN, China, Sept.28, 2021 / PRNewswire / – The new development plan of the Qianhai Shenzhen-Hong Kong Modern Services Industry Cooperation Zone in Shenzhen is a powerful driver for the regional economic integration of Greater Guangdong- Hong Kong-Macao Bay Area (GBA), which in turn will strengthen China’s competitiveness in the global market, commented Cao Jinli, […]
Shenzhen, china, September 28, 2021 / PRNewswire / – The New Development Plan of the Qianhai Shenzhen-Hong Kong Modern Services Industry Cooperation Zone in Shenzhen is a powerful engine of regional economic integration of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), which will in turn strengthen from China competitiveness in the global market, Cao Jinli, […]
The plan states that by 2035, the Qianhai Cooperation Zone will enjoy a world-class business environment and strengthen its coordinated ties with hong kong and Macau, improve industrial synergies, interconnection of markets and support for innovation to hong kong and Macau. Cao said the free and convenient movement of all kinds of factors of production […]
COVID-19 is undoubtedly a fatal disease that has turned our lives upside down in many ways. As of September 23, it had infected more than 231 million people and killed more than 4.75 million people worldwide. It also disrupted economic activities. “The COVID-19 pandemic has disrupted global affairs across the globe,†said Steve Chen, deputy […]
BANGKOK (September 13): The Malaysian-Thai Chamber of Commerce (MTCC) has proposed the establishment of a Joint Global Committee, a uniformed body tasked with monitoring the degree of economic integration among ASEAN member states. MTCC Director Ng Woan Na said that through the Joint Global Committee, all Malaysian Chambers of Commerce (MBCs) from ASEAN countries would […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 – […]
Evil fate the earth, to hasten the evils a prey, Where wealth accumulates and where men degrade. –Olivier Goldsmith. Twenty years ago I wrote an editorial in which I described free market capitalism as “the most unjust and barbaric economic system ever conceived, and which now oppresses and mistreats most of the peoples of the […]