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Trade promotion (sometimes referred to as export promotion) is an umbrella term for economic policies, development interventions and private initiatives aimed at improving the trade performance of an economic area. Such an economic area can include just one country, a region within a country, or a group of countries involved in an economic ...
Export-oriented industrialization (EOI), sometimes called export substitution industrialization (ESI), export-led industrialization (ELI), or export-led growth, is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage. Export-led growth ...
The CCPIT develops business cooperation and exchanges with foreign countries and has long been associated with the Chinese Communist Party's united front strategy. [1] [6] [3] It is charged with organizing trade fairs and events in promotion of the Belt and Road Initiative. [7]
The Unified Export Strategy (UES) is a single, consolidated application process that U.S. agricultural trade promotion groups use to apply for funding for a variety of USDA export promotion programs, including the Market Access Program and the Foreign Market Development Cooperator Program. USDA introduced UES in 1998 in large part to ensure ...
Foreign Direct Investment (FDI) is an important factor for a country's economic growth especially in its impacts on transmission of technology and developments in management and marketing strategies. FDI takes place when a firm acquires ownership control of a production unit in a foreign country.
The National Export Initiative (NEI) is a strategy created by the Obama administration to double U.S. exports between 2010 and the end of 2014 and support 2 million domestic jobs through increased intergovernmental cooperation in export promotion. [1]
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Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production. [1] It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products.