Writing Room

  Country name T he Republic of Slovenia . Geographic location Slovenia is a country in Central Europe bordering the Adriatic Sea. Neighboring countries include Austria, Croatia, Hungary, and Italy. Despite its small size, Slovenia controls some of Europe's major transit routes. The Alps dominate northern Slovenia, and numerous rivers lie in the east. The total  land area is 20,140 km2. However, the majority of Slovenian terrain is hilly or mountainous, with around 90% of the surface 200 meters or more above sea level. P opulation The current population of Slovenia is 2,079,098 as of Friday, January 22, 2021, based on Worldometer  elaboration of the latest United Nations data. W orkforce Labour Force Participation Rate: Modeled ILO Estimate: % of Total Population Aged 15+ data was reported at 57.820 % in 2020. This records a decrease from the previous number of 58.361 % for 2019.  E mployment rate The employment rate in Slovenia...

  The Asian Economic Crisis, also called the Asian Contagion, was a sequence of currency devaluations in 1997 and it spread throughout the Asian markets. The first failed currency market was Thailand cause government decided to no longer peg the local currency to the U.S. dollar. The situation affected all over the East Asian markets. As a result, countries faced declined import revenues, and the stock market declined. Affected countries are Thailand, Indonesia, S.Korea, Philippines, Mainland China, Hong Kong, Singapore, Malaysia, Mongolia, United States, and Japan.  As a result of the devaluation of Thailand's baht, a large portion of East Asian currencies fell by as much as 38 percent. International stocks also declined as much as 60 percent. The market declines were also felt in the United States, Europe, and Russia as the Asian economies slumped.

The main objective is to promote the free flow of goods, services, and factors among the member states, also the elimination of custom restrictions. Focuses on various fields such as; A strong economic and financial affairs Education and cultures Social and health issues Information and tourism Commerce, customs and communications, etc.

The main objective is to make a cooperative framework for coordination, integration, and interconnection among the member states to achieve unity according to article 4 the GCC charter. Focuses on;  Free trade zone, Favorable tariff etc.

The regional trade agreement is a term that covers several kinds of arrangements by which two or more countries can agree to trade between them. The trade agreement, any contractual arrangement between states concerning their trade relationships.   Trade agreements may be bilateral or multilateral—that is, between two states or more than two states.

Regional economic integration is a term that covers several kinds of arrangements by which two or more countries can agree to draw their economics closer together.  An economic agreement that eliminates barriers to the free movement of goods, services, and investment between countries. This agreement can be considered an intermediate step between the free trade area and the single market in the process of economic integration.

Regional integration is a general term that covers several kinds of arrangements by which two or more countries can agree to draw their economics closer together. It's a general term that covers; Trade blocs, Regional Integration Agreements (RIA), Regional Trade Agreements (RTA).