Annexes
- Author: United Nations
- Main Title: Enhancing Regional Economic Cooperation and Integration in Asia and the Pacific , pp 66-70
- Publication Date: February 2018
- DOI: https://doi.org/10.18356/9b03294b-en
- Language: English
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There are two kinds of RECI initiatives in the region. On one hand, overarching initiatives have extensive purview, are multipurpose, and usually cover a given geographical area. The South Asian Association of Regional Cooperation (SAARC), ASEAN, and the Pacific Islands Forum (PIF) are examples of overarching initiatives. These are usually intergovernmental and advisory in design. On the other hand, functional arrangements are for a specific purpose, activity or geographical area and have a much narrower focus. An example is the Regional Power Trading Committee of the Greater Mekong Subregion (GMS), which has the goal of creating an integrated market for the power sector in the GMS countries.
© United Nations
ISBN (PDF):
9789213629291
Book DOI:
https://doi.org/10.18356/69cc7147-en
Related Subject(s):
Economic and Social Development
;
International Trade and Finance
Sustainable Development Goals:
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