
Trade and Investment Liberalization
Trade and investment liberalization involves reducing barriers like tariffs and restrictions to make it easier for countries to buy and sell goods, services, and investments across borders. This process encourages competition, access to new markets, and economic growth by allowing businesses to operate more freely internationally. It aims to create a more open global economy, fostering cooperation and efficiency while providing consumers with more choices and often better prices. Essentially, it streamlines the rules and costs associated with international trade and investment to boost economic opportunities for participating countries.