trade and economic cooperation

Trade and economic cooperation involve countries working together to buy, sell, and share goods, services, and resources. This partnership helps nations access products they might not produce locally, promote economic growth, create jobs, and improve living standards. Cooperation often includes agreements on tariffs, trade rules, and investments, fostering stable relationships and mutual benefit. Essentially, it’s about countries collaborating to strengthen their economies by exchanging goods, services, and knowledge efficiently and fairly.