Sentences with phrase «fruitful areas of cooperation»
This is one of the potentially most fruitful areas of cooperation, for the benefits may accrue long after the completion of a consultation project.
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With the majority of countries involved in bilateral and multilateral trade agreements, e.g. ASEAN Free Trade Area, NAFTA, EEA, APEC that are still functioning nowadays, tariffs are removed or reduced and services and goods become more accessible and affordable; enterprises enjoy more stable and safer environment for their investments; and the strength of international cooperation is evidenced as we see international organisations, such as WTO, have substantially contributed to international trading, leading to a remarkable and fruitful development of the global economics.