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Foreign Trade and Development Cooperation

Foreign trade and development cooperation involve countries working together to promote economic growth and improve living standards. Foreign trade is the exchange of goods and services across borders, boosting prosperity through specialization and market access. Development cooperation refers to efforts by governments and organizations to support developing countries through aid, investments, and shared expertise, aiming to reduce poverty and foster sustainable progress. Together, these practices help create global economic stability, open new markets, and address global challenges collaboratively.