strategy

Promoting regional economic cooperation

Synonyms:
Supporting regional economic cooperation
Context:
Subregional and regional integration offers a multisectoral framework of cooperation which combines the tools of trade expansion with cooperation in respect of investment, services, transport, customs facilitation and other areas which mutually enhance each other's effectiveness. Producers can benefit from economies of scale. Subregional integration is a means to diversify into new export products, to encourage many new firms to export for the first time, to gain experience on the regional market, and to become competitive in certain branches where the regional market exceeds the threshold of cost effectiveness. Subregional integration can therefore constitute a major stage in the learning process for attaining international competitiveness and, in certain industries, a phase in the process leading towards later expansion towards world markets. It can also strengthen the position of members in trade negotiations.
Organizations:
Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific
Confederation of Asia-Pacific Chambers of Commerce and Industry
European League for Economic Cooperation
Asia-Pacific Economic Cooperation
League of Arab States
Economic Cooperation Organization
Black Sea Economic Cooperation Business Council
Inter-American University Council for Economic and Social Development
Black Sea Economic Cooperation Centre for the Exchange of Statistical Data and Economic Information
Central American Economic Cooperation Committee
Arab Economic and Social Council
Pacific Islands Forum
European Business Council for Africa and the Mediterranean
Pacific Economic Cooperation Council
Organization of Black Sea Economic Cooperation
Parliamentary Assembly of the Organization of the Black Sea Economic Cooperation
Bank for Economic Cooperation and Development in the Middle East and North Africa
South Asian Economic Cooperation Scheme
Caribbean Forum for Development
African Fund for Guarantee and Economic Cooperation
International Committee for Economic Reform and Cooperation, Kiev
Black Sea Economic Cooperation Free Trade Area
Standing Ministerial Committee for Economic Cooperation of the Non-Aligned Movement
Center for Middle East Peace and Economic Cooperation, Washington DC
Research Institute for International Technical and Economic Cooperation, Aachen
South Pacific regional trade and economic cooperation agreement, 1980
South Pacific regional trade and economic cooperation agreement
Black Sea economic cooperation pact
International Organization for Promotion of Regional Economic Cooperation, Moscow
Informal Contact Group of Secretariats of Economic Cooperation and Integration Groupings of Developing Countries
East Asian Economic Development and Cooperation Council
Subjects:
Promotion
Economic
Type Classification:
G: Very Specific strategies