Tag Archives: regional integration

Egypt: trade min. Highlights enthusiasm for Arab economic integration

Trade and Industry Minister Nivine Gamea stressed that the Egyptian state and political leaders are keen to achieve economic integration in the Arab region. She added that Egypt wishes to strengthen Arab cooperation in the various fields of trade, industry and investment for a better future for the people of …

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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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Kwara builds infrastructure to support ECOWAS regional integration | The Guardian Nigeria News

In the spirit of the regional integration of the Economic Community of West African States (ECOWAS), particularly the common market in West Africa, Kwara State is building infrastructure to support the links with the Republic of Benin. Governor AbdulRahman AbdulRazaq said so yesterday in a message during the opening ceremony …

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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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IGAD strives to address peace and security issues and promote regional integration: Spokesperson

Addis Ababa, February 8, 2022/ENA/ The Intergovernmental Authority on Development (IGAD) works to address peace and security issues and promote regional integration among member states, the spokesperson said of the Authority, Nuur Mohamud Sheekh. Speaking to ENA, Spokesperson for IGAD Executive Secretary Nuur Mohamud Sheekh said the Horn of Africa …

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Africa should pursue integration to unlock economic value

The Chronicle Michael Magoronga, Midlands Correspondent AFRICA is one of the world’s richest continents in terms of occurrence of natural resources but remains one of the poorest economically. Standards of living for its population are low, its infrastructure and health delivery systems are poor and are a direct contrast to …

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CELAC foreign ministers summit begins with call to promote integration

Argentine Foreign Minister Santiago Cafiero on Friday opened the 22nd Summit of Foreign Ministers of the Community of Latin American and Caribbean States (CELAC), calling for advancing integration and strengthening dialogue to continue to build a region of peace. Hailing his peers, the Argentine foreign minister noted that this meeting …

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Africans urged to embrace regional economic integration

The Chronicle Michael Magoronga, commercial correspondentAFRICAN countries should do more to broaden the development benefits to be realized from each other by embracing regional dynamics towards economic integration, said Interim President of the Pan African Manufacturers Association (PAMA) Engineer Mansur Ahmed. The region, led by the African Union (AU), is …

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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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Alberto Fernández called on Mercosur to “favor dynamic and competitive integration”

December 17, 2021 President Alberto Fernández called on Mercosur to “give priority to dynamic and competitive integration” over the particular interests of each government region of. “There is no future for hermit countries whether they turn in on themselves or undertake adventures in solitude, ”he warned. The Argentinian president’s exhortation …

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Tanzania hailed for its regional integration efforts

The East African Community (EAC) commends the United Republic of Tanzania for its significant contribution to deepening regional integration and increasing intra-EAC trade and development opportunities, so that the country celebrates its 60 years of independence. As one of the three founding partner states of the Community, Tanzania plays a …

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ECOWAS Member States urged to build resilience – The Sun Nigeria

From Aidoghie Paulinus, Abuja In order to advance regional integration in the West African sub-region, member countries of the Economic Community of West African States (ECOWAS) were invited to strengthen their resilience in the face of terrorist attacks, health crises and climate change. The President of the ECOWAS Council of …

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Aduda meets Algerian ministers and insists on the importance of intra-African economic integration –

The Permanent Secretary of the Nigerian Ministry of Foreign Affairs, Ambassador Gabriel Aduda, met the Algerian Minister of Foreign Affairs, Ramtane Lamamra, and his Minister of Transport, Mr. Bekai Aissa, on the importance of intra-economic integration. African. The meeting was a continuation of his official visit to the People’s Democratic …

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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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Regional integration, economic dependence crucial to escape undue pressure – Samuel Teferra –

Addis Ababa, November 20, 2021 (Walta) – Regional integration and economic autonomy of African countries could help the continent to escape undue external pressures on Africa, said an academic. The coordinator of the Addis Ababa University’s Asian office at the Center for African and Oriental Studies, Samuel Teferra, told ENA …

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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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LATEST: Comesa 2021 summit to anchor post-Covid-19 regional economic integration

The Chronicle Sikhulekelani Moyo, business journalist THE 21st Summit of Heads of State and Government of the Common Market for Eastern and Southern Africa (Comesa) will be held in Egypt next month and will focus on strengthening business integration as the region develops economic recovery strategies beyond the Covid-19 pandemic. …

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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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Shusha Declaration to Lead to Economic Integration

BAKOU, Azerbaijan, June 17 By Jeila Aliyeva – Trend: A “statement by Shusha on allied relations between the Republic of Azerbaijan and the Republic of Turkey” will lead to economic integration, Khalid Taimur Akram, executive director of the Center for Global and Strategic Studies (CGSS), told Trend. “I fully support …

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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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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 …

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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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Ukrainian President hails Vietnam’s socio-economic and integration achievements | Politics

Vietnamese Ambassador to Ukraine Nguyen Hong Thach (L) presented his credentials to Ukrainian President Volodymyr Zelensk (Photo: VNA) Kyiv (VNA) – Vietnam’s Ambassador to Ukraine Nguyen Hong Thach presented his credentials to Ukrainian President Volodymyr Zelensky, who hailed Vietnam’s achievements in the “Doi Moi” (Revival) cause as well as 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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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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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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Nigerian border closure has implications for Africa’s economic integration

Nigeria recently partially closed its border with Benin in an attempt to stem the smuggling of rice. It then closed its land borders to the movement of all goods from Benin, Niger and Cameroon, effectively prohibiting trade flows with its neighbors. Border closures are nothing new in Africa. But Nigeria’s …

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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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Africa CEO Forum: Experts advocate for economic integration | New times

With rapid population growth across the continent, Africa needs to create around 1.7 million jobs to effectively reduce the ever growing population of unemployed youth. This is one of the main topics of the African CEO Forum’s deliberations underway at the Kigali Convection Center. Unemployment is becoming more and more …

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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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Reaping the benefits of African economic integration by Célestin Monga

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, …

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Can ASEAN economic integration succeed? – The Diplomat

Advertising Later this month, the Association of Southeast Asian Nations (ASEAN) will host its 32nd summit. ASEAN’s themes for 2018, under Singapore’s chairmanship, are “resilience and innovation”. Both will be needed if group members are to iron out their differences and address their challenges. Economically, for example, the Bertelsmann Transformation …

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Svilanović: We should look to Western Balkan regional economic integration

MUNICH/SARAJEVO – The prospects for the reform processes of the economies of South-East Europe in the light of the current dilemma of whether or not they should be pursued in the context of accession to the European Union, has been the topic discussed in detail at the BMW Foundation Global …

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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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Economic integration in East Africa will prove difficult

Several recent trade wars between Kenya, Tanzania and Uganda highlight some of the key challenges facing the East African Community for successful economic integration. The drive for political and economic integration within East Africa has been a work in progress since the relaunch of the East African Community (EAC) …

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