Finance:Deep integration

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Deep integration, as defined by Simone Claar and Andrea Nölke, means trade agreements which not only contain rules on tariffs and conventional non-tariff trade restrictions, but which also regulate the business environment in a more general sense. Issues of deep integration include competition policy, investor rights, product standards, public procurement and intellectual property rights, for example.[1]

Canada and United States

Deep integration can also specifically refer to the harmonization of policies and regulations of Canada and the United States .

Chile, Colombia, Mexico and Peru

In 2011, Chile, Colombia, Mexico and Peru initiated steps to create a Deep Integration bloc. [2] [3]

It is called "The Pacific Alliance".[4]

See also

References