Economic Partnership

An Economic Partnership is an agreement between two or more countries to enhance their economic cooperation. This can involve reducing trade barriers, such as tariffs, facilitating investment, and sharing resources. The goal is to promote trade and increase economic growth by making it easier for businesses to operate across borders. Economic partnerships can take various forms, including Free Trade Agreements (FTAs) and regional trade agreements, ultimately benefiting consumers through lower prices, greater choices, and improved economic conditions in the participating countries.