Economists call it intra industry trade.

(b) Trade development promotion and facilitation to increase intra PTA trade

As a result, growth in intra regional trade has outpaced overall trade growth, with intra Asian trade now accounting for more than half of the continent s total trade turnover.

4. Improved trading environment Intra African trade through IGOs

South South and intra regional trade in particular would benefit from multilateral trade facilitation agreements.

Indeed, intra EU trade today accounts for nearly two thirds of EU member states total trade.

The expert indicated that Korean OFDI had led to a trade surplus because of intra firm trade.

Most of the growth of intra developing country trade had been in manufactures.

Urged that the remaining non tariff barriers to intra PTA trade be dismantled immediately

EUROSTAT provided an information note entitled quot INTRASTAT Intra community trade after 1992 quot .

The rise in intra Asian trade reflects China s central role in East Asia s production networks.

Support for the reactivation of payment mechanisms for intra Central American trade E Feb. 1989

Intra African trade is only about 11 per cent of total trade, the lowest among world regions however, it has doubled since 1980.

Faced with weak demand in advanced countries, Asian economies are working to rebalance their sources of growth by shifting toward domestic and regional markets. As a result, growth in intra regional trade has outpaced overall trade growth, with intra Asian trade now accounting for more than half of the continent s total trade turnover.

ECA directed renewed attention to regional trade and trade facilitation. ECA organized an ad hoc expert group meeting on intra African trade in March 2005 in Addis Ababa.

All of this will invariably spur development and integration of national financial systems and intra regional trade.

Although domestic capabilities matter, a number of factors affect intra industry trade patterns in the developing world.

African governments should pursue intra regional trade liberalization, institutional integration, and infrastructure development with greater determination than ever.

To promote intra regional trade in goods and services, it is necessary to create the basic economic conditions.

(c) Conducting studies and making recommendations on issues of significant impact on regional cooperation and integration, including intra African trade, regional trade liberalization and payment arrangements

Moreover, economic integration and increased intra regional trade are the best entry point into global markets for all countries.

Lacking well developed industrial production and intra community trade, devaluation brought them higher import prices, inflation, and rising unemployment.

As a result, roughly 15 of sub Saharan African trade is intra regional, up from only 7 in 1990.

In particular, the dynamic economic growth of the East Asian countries could be attributed to increasing intra regional trade.

Intra group debts

The opposite is true for regional groupings in Africa and in the Middle East where trade with the outside world is more important than intra regional trade.

For the promotion of intra African trade, it organized an expert group meeting in March 2005 to discuss constraints on intraregional trade and measures for addressing them.

The key question is whether structural problems or institutional and political factors are hindering the development of intra regional trade.

Women have established a system of intra and interregional trade based on the specific products of each region, such as

Having taken note with appreciation of the studies prepared by SESRTCIC on world economic developments and ICDT on intra OIC trade

They stressed the need for regional groupings such as the European Community, North American Free Trade Agreement (NAFTA) and the ASEAN Free Trade Area (AFTA) to remain open while seeking to expand intra regional trade.

The International Monetary Fund credits Asian intra regional trade as the main factor behind its recent export boom and strong economic growth.

(a) The purchase of food commodities worth US 46 million in the region, thus contributing to the development of intra African trade

However, there was considerable potential for further growth in intra PTA trade if member States implemented all measures identified by the study

Within ASEAN we have set up the ASEAN Free Trade Area (AFTA) to intensify intra ASEAN economic cooperation and attract outside investment.

This technology is intra active.

Noted that a study on intra PTA trade had revealed that trade among member States had been growing at an annual average rate of 8.8 per cent from 1985 to 1991.

Research by the UNCTAD secretariat has shown that such arrangements are likely to be strongly trade expanding for developing regions generally, and for sub Saharan Africa in particular, increasing both intra regional trade and trade with third countries.

Identification of labour intensive products that can participate in intra industry trade is critical, and analyses of value chain potentials are equally important.

Economic integration must be backed up by increased intra regional trade less than 4 of Africa s trade is between African countries, compared to over 70 in Europe and over 50 in Asia.

The reduction of African trade barriers, which continue to be significant, will eliminate the incentive bias against exports it will also enable the African nations to benefit from intra developing country trade.

The Conference called on Member States to increase their share of world trade by enhancing their competitiveness at the international level. It further underscored the fundamental importance of expanding intra OIC trade.

The potential for intra Maghreb trade seems to be constrained partly by the similarity of the economies of some countries, notably Morocco and Tunisia.

East Asian economies could then, over time, cooperate to enhance regional exchange rate stability, thereby creating a more conducive environment for intra regional trade.

The creation of such an exchange will greatly improve conditions for commodity marketing and finance in Africa, including for national and intra African trade.