Search results
Results from the WOW.Com Content Network
Integration is a political and economic agreement among countries that gives preference to member countries to the agreement. [1] General integration can be achieved in three different approachable ways: through the World Trade Organization (WTO), bilateral integration, and regional integration . [ 1 ]
Regional Integration is a process in which neighboring countries enter into an agreement in order to upgrade cooperation through common institutions and rules. The objectives of the agreement could range from economic to political to environmental, although it has typically taken the form of a political economy initiative where commercial interests are the focus for achieving broader socio ...
Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states.It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively.
A bilateral development bank is a financial institution set up by one individual country to finance development projects in a developing country and its emerging market, hence the term bilateral, as opposed to multilateral. Examples include:
In the late 1980s, a new bout of regional integration (also called "new regionalism") began and continues still . A new wave of political initiatives prompting regional integration took place worldwide during the last two decades. Regional and bilateral trade deals have also mushroomed after the failure of the Doha round. [2]
A bilateral treaty (also called a bipartite treaty) is a treaty strictly between two subjects of public international law, generally either sovereign states or international organisations established by treaty. It is an agreement made by negotiations between two parties, established in writing and signed by representatives of the parties.
A bilateral investment treaty (BIT) is an agreement establishing the terms and conditions for private investment by nationals and companies of one state in another state. This type of investment is called foreign direct investment (FDI). BITs are established through trade pacts. A nineteenth-century forerunner of the BIT is the "friendship ...
The ALADI includes in its legal structure the strongest sub-regional, plurilateral and bilateral integration agreements arising in growing numbers in the continent. As a result, the ALADI – as an institutional and legal framework or “umbrella” of the regional integration- develops actions in order to support and foster these efforts for ...