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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China plans to pursue Northeast Asian economic integration under RCEP

When the Obama administration focused its efforts on a pivot to asia, the Trans-Pacific Partnership (TPP) served as a key economic pillar of the strategy. The deal was set to become the largest free trade agreement in the world, encompassing the economies of NAFTA, Australia, New Zealand, Peru and many …

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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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Albania, North Macedonia and Serbia commit to deepening their economic integration

The proclaimed withdrawal of Russian troops from Ukraine continues to be widely rejected, as several regions reported continued airstrikes overnight and heavy fighting raged in some cities despite hopes that progress was being made to end the conflict. More than a month after the start of its unprovoked invasion, Russia …

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Why did economic integration fail in Hong Kong?

Since reverting to sovereignty from China, the PRC has banked on the economic integration of Hong Kong and Macau to “forge a stronger national feeling”. So what happened? “Hong Kong and Macau are strange neighbors because the former has seen very large-scale democratic movements (and recently a smaller-scale independence movement) …

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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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Lessons for the economic integration of Kashmir with the rest of India

During his speech defending the decision of Narendra Modi’s government to withdraw the special constitutional status granted to the former state of Jammu and Kashmir, Home Secretary Amit Shah said the way forward will be determined by the ability to provide economic opportunities to the youth of the Kashmir Valley. …

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Reviews | Integration against white intransigence

I asked Douglas Massey, a sociology professor and public policy in Princeton, on the challenges faced by advocates of greater integration. Massey, who wrote that “residential segregation is the “structural backbone” of racial stratification in the United States, described to me in an email how his research suggests that segregation …

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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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Economic integration deepens as region continues to prosper

Close up of China Yuan banknote and US dollar. (Photo: Getty) Getty One of these days, maybe soon, this trade war is going to end. The United States could end the war by reintegrating into the global multilateral trading system. Or it could cede its global economic leadership to China. …

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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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Museveni’s roots for the political and economic integration of Africa

Unless Africa integrates economically and politically, it risks being invaded by outside forces as happened during colonialism, warned President Museveni. Speaking at the 32nd Ordinary Summit of African Union Heads of State in Addis Ababa, Ethiopia, President Museveni said Africa’s future could only be guaranteed if the continent benefits from …

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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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Economic integration: Asia and the Pacific’s best response to protectionism

Deepening economic integration in Asia and the Pacific is a long-standing regional goal. It is not an end in itself, but a means to support the trade, investment and growth needed to achieve the 2030 Agenda for Sustainable Development. It is a priority for all States members of the United …

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Economic integration not exploitation, says Papua New Guinea Treasurer

Papua New Guinea Treasurer Charles Abel said Papua New Guinea needed to take a phased approach to integration into the global economy to avoid being taken advantage of. Speaking at an APEC discussion forum at the University of PNG, he said recent experience suggests the country’s currency markets may be …

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The woes of South Asian economic integration

A recent World Bank report – A Glass Half Full (2018) – indicates that intra-regional trade in South Asia, the lowest of any region in the world, has the potential to increase three times its current levels , and trade between India and Pakistan has the potential to …

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CPEC: a regional economic integration platform

As the crown jewel of China’s Belt and Road Initiative (BRI),China-Pakistan Economic Corridor (CPEC) holds immense promise for regional integration as it could bring various economic opportunities to all the countries that will join the project. Considering the strategic and economic advantages of CPEC, it is just as important for …

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South Korea’s economic integration plan with the North may irritate the United States

South Korea plans to establish road and rail links with North Korea this year as Seoul seeks to strengthen economic engagement with the Pyongyang regime amid tentative progress in convincing Kim Jong Un’s regime to give up its nuclear weapons. The infrastructure projects, which are expected to be completed this …

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Not turning back 70 years of global economic integration

Since the end of World War II, a broad consensus in favor of global economic integration as a force for peace and prosperity has been a pillar of the international order. Since the fall of the Berlin Wall a generation ago, the power of markets in promoting economic progress has …

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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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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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Higher Education and Economic Integration of Refugees

Southern New Hampshire University (SNHU) is at the forefront of an innovative program to provide more than a high-quality college education to some of the world’s most disadvantaged learners. Our refugee education programs enable refugees around the world to earn accredited bachelor’s degrees in the United States, as part of …

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What now for economic integration in Asia-Pacific? – The Diplomat

Pacific Silver And what about Trump’s recent comments on the TPP? Advertising In January, Toshimitsu Motegi, Japan’s economic recovery minister, announced that an agreement had been reached on TPP-11, in the absence of the United States, and was to be signed in March. A few days later, US President Donald …

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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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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 and the “four freedoms”

December 8, 2016 “What’s the model? Take some cake and eat it. So read the handwritten notes, taken in the hands of an official of Britain’s ruling Conservative Party, as she left a Downing Street meeting on strategy of Brexit at the end of November The British seem keen to …

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Philippines: part of international economic integration

The Philippines’ extensive regional and global economic integration has been an important factor in the country’s economic recovery in recent years. As one of 10 members of the ASEAN Economic Community (AEC), which was launched on December 31, 2015, the country is expected to benefit from access to a single …

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Tinder announces the integration of Spotify

Tinder If you’ve ever said that you just can’t date someone whose favorite musical artist is Taylor Swift, now is your chance to prove it. On Tuesday, Tinder and Spotify announced a partnership that will allow you to sprinkle your musical taste into your dating profile. Tinder will now allow …

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The social roots of Brexit: Europe’s economic integration has fostered social disintegration

Brexit has forced European decision makers to take stock of the EU integration process. Dennis J. Snower writes that Brexit should be seen only as the latest symptom of a process of social disintegration across Europe brought about by the impact of globalisation. He argues that Europe is now at …

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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 or economic spheres of influence? – The Diplomat

Advertisement In recent years, the rhetorical back and forth between China and the United States over economic institutional governance has intensified. Along with concerns over the governance of multilateral development banks and the role of the Chinese currency at the International Monetary Fund, free trade agreements (FTAs) have become part …

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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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Lagos, O’dua group and economic integration

The good news was received with deserved enthusiasm. Lagos State will eventually be absorbed into the O’dua Group, comprising the five states of Oyo, Ogun, Osun, Ondo and Ekiti, which make up this 40-year-old association which aims for political and economic integration in the former western region of Nigeria. . …

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Opportunities and challenges ahead

The Association of Southeast Asian Leaders (ASEAN) adopted the ASEAN Vision 2020 hoping to strengthen the foundations of a prosperous and peaceful community of Southeast Asian nations while creating a community that lived in shared stability and prosperity. The objective of establishing an integrated economic community is to accelerate economic …

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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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Global economic integration at any price? – EURACTIV.com

The political and economic implications of mega-regional free trade agreements deserve a more open discussion by all stakeholders, argue Axel Berger and Dominique Bruhn. Axel Berger is a political scientist and Dominique Bruhn is an economist at the German Development Institute/Deutsches Institut für Entwicklungspolitik (DIE). The Trans-Pacific Partnership (TPP) is …

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China takes the lead in economic integration

Author: Andrew Elek, ANU China’s One Belt, One Road initiative is currently the most important program for deep economic integration. The program envisions the revitalization of ancient trade routes with a Silk Road Continental Economic Belt and a 21st Century Maritime Silk Road. Despite its clumsy name, the initiative is …

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European economic integration is the key to Turkey’s past and future

Turkey is a winner of globalization and economic integration. Openness to trade and capital flows has provided both the engine and the lubricant for Turkey’s economic modernization. In particular, the customs union with the EU, followed by the opening of EU accession negotiations, made Turkey part of the “European convergence …

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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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