Tag Archives: regional economic

The key to LAPSSET in Africa is the onboarding program

The remark was made by Silvester Kasuku, the Director General (CEO) of the African Center for Transport, Infrastructure and Regional Integration (ACTIRI) and former CEO of the LAPSSET Authority, in Nairobi on Tuesday on the sidelines of the 7th ‘infrastructure. Development in Africa, (PIDA) Week under the theme “The investment …

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Two ICJ decisions highlight the challenges of regional integration in Africa

Last week the The highest court of the United Nations ordered Uganda to pay the sum of 325 million dollars to the Democratic Republic of the Congo for the East African country’s role in the brutal war that took place there at the turn of the century. The International Court …

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OPINION – RCEP and Regional Economic Integration and Interdependence

On January 1, the Regional Comprehensive Economic Partnership (RCEP) began to operate and its establishment may boost the performance of the Chinese economy, especially at a time when the Chinese government has stressed the importance of dual flows – internal and external. . After 32 rounds of negotiations and discussions …

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UK, Japan envision economic integration through digital trade

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 £ …

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Djibouti: New project to improve trade connectivity and boost regional integration – India Education | Latest Education News | World Education News

WASHINGTON – The World Bank today approved a $70 million credit from the International Development Association (IDA), the World Bank’s program for the poorest countries, to improve regional connectivity and logistics in Djibouti , along the Djibouti-Addis Ababa corridor. The project supports efforts to strengthen Djibouti’s role as a major …

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Gulf States must deepen their economic integration

Gulf States must deepen their economic integration Gulf leaders gathered in Riyadh earlier this month for the 42nd Gulf Cooperation Council summit. (SPA file photo) Last week’s GCC summit in Riyadh forged the necessary consensus among the six member states to jointly tackle Iran’s nuclear ambitions and its malicious activities …

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GT Voice: Abe, the threat of the Japanese right to the economic integration of Asia

Photo of Shinzo Abe: AFP Former Japanese Prime Minister Shinzo Abe, who resigned last year amid a series of challenges and appears poised to return to Japanese politics, made hugely flawed remarks on the Taiwan issue on Wednesday, suggesting that Japan would intervene if mainland China attacked the island of …

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CASA-1000, TAPI projects to boost regional economic integration

ISLAMABAD – As Afghanistan experiences an economic and humanitarian crisis following the collapse of the Ghani regime and the withdrawal of the United States, the multibillion-dollar transnational projects CASA-1000 and TAPI will prove to be rewarding companies for the regional economic integration. The early completion and execution of these projects …

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Egyptian President vows to strengthen regional economic integration

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 underlined the …

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Pakistan’s regional economic integration: challenges and opportunities

As the momentum of global economic gravity continues to shift to East Asia, the contours of a new economic and political geography in South Asia are also becoming visible with improved connectivity between West China, the Pakistan and Central Asia. Led by the Chinese Belt and Road Initiative (BRI), this …

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Challenges and Opportunities – Analysis – Eurasia Review

By Haroon Sharif * introduction As the momentum of global economic gravity continues to shift to East Asia, the contours of a new economic and political geography in South Asia are also becoming visible with improved connectivity between West China, the Pakistan and Central Asia. Led by the Belt and …

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Economic integration as a catalyst for stability in the South Caucasus

The end of the 44-day war between Azerbaijan and Armenia has created a new geopolitical landscape in the region which creates new opportunities for economic development and regional integration. While there are many challenges to achieving such integration – from Armenian domestic political opposition to influential lobby networks in the …

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Pakistan High Commission in Singapore hosts webinar on Pakistan’s regional economic integration: challenges and opportunities

– SINGAPORE: The Pakistani High Commission in Singapore hosted a webinar titled “Pakistan’s Regional Economic Integration: Challenges and Opportunities”, in collaboration with the Institute of South Asian Studies (ISAS) on November 9, 2021. The webinar was organized as part of a series of events that the High Commission co-hosted with …

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China and New Zealand to jointly promote regional economic integration

Chinese President Xi Jinping said on Friday that China and New Zealand should safeguard and practice true multilateralism, and join efforts to promote regional economic integration. President Xi made the remarks during a telephone conversation with New Zealand Prime Minister Jacinda Ardern. Noting that next year marks the 50th anniversary …

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Digitization and RCEP to boost regional economic integration – OpEd – Eurasia Review

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 …

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Regional economic integration with the CAR is the key to development and prosperity: Envoy from Kyrgyzstan

ISLAMABAD – Ambassador of the Republic of Kyrgyzstan to Pakistan Ulanbek Totuiaev said on Sunday that regional economic and trade integration through connectivity with the Central Asian Republics (CAR) is the key to development and prosperity throughout the region. The Ambassador said that peace and socio-political harmony in Afghanistan is …

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Wang Yi calls for economic integration in East Asia

Chinese State Councilor and Foreign Minister Wang Yi. Photo: fmprc.gov.cn Further integration between ASEAN, Japan, South Korea and China is vital for the region, especially as many Asian countries face economic challenges amid the recent upsurge in the coronavirus, experts said Wednesday, following the latest appeal from Chinese State Councilor …

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Egypt attentive to the achievement of regional economic integration in Africa: Minister of Trade

Egyptian Trade and Industry Minister Nevine Gamea said Egypt attaches great importance to achieving regional economic integration in Africa. Gamea underlined 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 …

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Africa must step up economic integration: report

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 …

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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 …

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The expansion of the CPTPP conducive to regional economic integration

Artwork: 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. . Joining more members will strengthen the reach of the agreement, accelerate economic …

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An important step in Asian economic integration

After eight years of unremitting efforts, the Comprehensive Regional Economic Partnership Agreement (RCEP) was officially signed on November 15. In the context of the global COVID-19 pandemic and the challenges of economic globalization, the signing of the pact is not only a historic achievement. of regional cooperation in East Asia, …

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Várhelyi: Regional economic integration is an opportunity to get closer to the EU market

BRUSSELS – Regional economic integration between Belgrade, Podgorica, Pristina, Sarajevo, Skopje and Tirana is not a deviation from the European path, but an opportunity for modernization and rapprochement with the European Union market, said the European Enlargement Commissioner Olivér Várhelyi in the author’s text for Politika, reports FoNet. The reduction …

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The Covid-19 gives new impetus to the economic integration of Asean, according to Tan See Leng

SINGAPORE – The Covid-19 pandemic has given new impetus to the integration of ASEAN economies, said Second Minister of Trade and Industry Tan See Leng on Tuesday (September 15th). “The Asean region, with (its) promising long-term growth potential (…) presents multiple opportunities, not only for Singaporean companies, but also for …

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Have taxes killed the economic integration of the GCC?

June 5 will mark the third anniversary of the breakup of the Gulf Cooperation Council (GCC), the dispute and the ongoing embargo of Qatar by its neighbors Saudi Arabia, Bahrain and the United Arab Emirates (UAE). Clearly, the GCC, as a regional organization, has been under pressure for some time, …

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Regional economic integration is based on political will, business initiatives

A lack of political will and trade initiatives are the main challenges facing regional economic integration in South Asia despite multibillion-dollar trade potential, analysts said in a dialogue yesterday. “The elites are not interested in regional integration and the lack of effective private sector initiatives is the main obstacle to …

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ASEAN lacks real economic integration

As European businesses grow more confident to invest in ASEAN, the ASEAN Economic Community (AEC) is creating uncertainty for some business prospects, according to a recent survey by the EU-ASEAN Business Council . Released on Monday, the EU-ASEAN Business Sentiment Survey – which surveys European businesses in the region – …

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South Asian countries neglect regional economic integration at their peril – The diplomat

Advertising From the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to the Regional Comprehensive Economic Partnership (RCEP), Asia-Pacific finds itself remade by mega-regional free trade agreements. The first, which entered into force in December 2018, brings together 11 countries on both sides of the Pacific Ocean and represents the …

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MENA Economic Integration in the Age of Fragmentation

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 …

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Benefits of African Economic Integration

African Leaders Embrace AfCFTA With the right balance between boldness and pragmatism, regional integration could pay bigger dividends COMMENT | Celestin Monga | When Kwame Nkrumah, under whose leadership Ghana became the first African country to claim independence in 1957, was overthrown in a military coup in 1966, few of …

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Somalia must ensure industrialization before regional economic integration

With closer relations between the countries of the Horn of Africa, there is talk of great economic integration, but Somalia would lose if it happened too soon. The Horn of Africa’s regional political and economic stance turned around when Abiy Ahmed came to power as Ethiopia’s new prime minister in …

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Reaping the Benefits of African Economic Integration | The new times

ABIDJAN-When Kwame Nkrumah, under whose leadership Ghana became the first African country to claim independence in 1957, was overthrown in a military coup in 1966, few of his fellow citizens shed a tear for his rule. But one aspect of his legacy remains relevant to this day and deserves special …

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NEPAD as a catalyst for economic integration in Africa

The New Partnership for Africa’s Development, also known as the NEPAD Agency, was created following the mainstreaming of NEPAD into AU structures and processes. The NEPAD Agency is the technical arm and executing agency of the African Union responsible for facilitating and coordinating the development of NEPAD programs on the …

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Svilanović: A higher level of regional economic integration can relieve the economies of the region

SARAJEVO – “To relaunch convergence with the EU, Western Balkan (WB) economies need to look beyond their borders and relatively small national economies”, said Secretary General of the Regional Cooperation Council (RCC), Goran Svilanović at the opening of the Third Donor Coordination Meeting at the World Bank, in Sarajevo today, …

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Charting the course for trade and economic integration in Asia-Pacific

A report by the Asia Society Policy Institute In March 2016, the Asia Society Policy Institute (ASPI) established an independent Commission on Trade Policy, chaired by the Vice President of ASPI. Wendy Cutler, to review the network of trade agreements and initiatives underway in the region. The Commission aimed to …

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Can Russia be a leader in East Asian economic integration?

Author: Ekaterina Koldunova, MGIMO University Until its presidency of APEC in 2012 and the APEC summit in Vladivostok, Russia was not a proactive participant in East Asia. On the contrary, it always strived to be fully involved in the network of regional institutions such as APEC, ASEAN Dialogue Partnership, Asia-Europe …

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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 peripheral considerations when it comes to doing business. Services ranging from software development to accounting can be provided worldwide in the …

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The role of economic integration in Asia – The Diplomat

Advertising When the Asian Development Bank (ADB) was established nearly half a century ago to promote economic development across the continent, even the most optimistic could not have imagined the scale of change and the pace progress we have seen. After all, in 1966 Vietnam was the scene of a …

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North Africa needs economic integration

By Ghazi Ben Ahmed & Ellen Laipson Two years after the fall of Tunisian President Zine El Abidine Ben Ali, the economic imperative of political stability in North Africa requires bold and new thinking. One idea that deserves more attention is the promotion of regional economic integration. Trade between the …

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