HARNESSING INTEGRATION TO DRIVE COMPETITIVENESS
FIVE THINGS YOU SHOULD KNOW ABOUT REGIONAL INTEGRATION
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1
We help make regional and international trade and investment agreements a reality by providing technical support.
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2
We provide training and capacity building for government officials on cross-border infrastructure and policy harmonization.
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3
We promote creation of Regional Public Goods in a variety of strategic areas including migration and financial integration.
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4
We finance transport, energy, telecom and other infrastructure investments to reduce cross-border costs and boost competitiveness.
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5
We help carry out policy reforms, regulatory upgrades and institutional improvements to advance the process of economic integration.
SECTOR FRAMEWORK
In order to help member countries and the region as a whole become more competitive, we promote integration by:
- Working to reduce cross-border transaction costs, fostering economic development, creating jobs and contributing to poverty reduction;
- Financing the construction of physical infrastructure and aiding in the creation of regulatory frameworks in key sectors;
- Connecting transportation networks, supporting cost-reducing energy integration and bridging the digital divide to unite economies and build synergies;
- Bringing together public and private sector leaders for regional dialogues on economic policy and integration;
- Supporting countries in their efforts to negotiate regional trade, cooperation and investment agreements;
- Training government employees in areas that will facilitate cross-border cooperation and trade.