WELCOME

TO
THE PRESENTATION
Group 13
NAME ID
Mohammad Abdullh AL Salehin 024-125
Mohd. Ashekuzzaman Khan 024-149
Ridwanul Arefin 024-178
MD Rasel Hossain 024-193
MD Mozahidul Hossain 024-195
EUROPEAN UNION - EU
• First Encounter
• In 1951 the Treaty of Paris
established the European Coal and
Steel Community (ECSC)

• Official Journey started

• November 1, 1993, Maastricht,
Netherlands
EUROPEAN UNION - EU
• Bodies & Institutions
• 15 institutions and bodies

• The core & most important EU

Institutions are,
• The European Council
• The European Commission
• The Council Of The European Union
• The European Parliament
BREXIT INCIDENT
• Brexit - British exit - refers to the
UK leaving the EU.

• a referendum was held in June

2016.

• The UK stopped being a member

of the EU on 31 January, 2020
EU & BREXIT - TRADE IMPACT
• Due to Brexit, there is a risk that • Decline in Exports
the euro will depreciate. • Alternative Source
• Less GDP for the UK for couple • High Tariff
of years
• Huge Transfer Price
• Cost of different industrial sector
will rise
• New opportunities would open
for other countries
• A new trade war may start
NAFTA - North American Free Trade
Agreement
History & Formation
• A treaty entered into by the United States, Canada, And Mexico.
• Elimination of tariff barriers to agricultural, manufacturing, and
services
• Ejection of investment restrictions and protection of intellectual
property
NAFTA - North American Free Trade
Agreement
Functions
• Elimination of tariff
• Elimination of nontariff barriers
• Establishment of standards and so on.
ASEAN - Association of Southeast Asian
Nations
History & Formation
• A regional intergovernmental organization comprising ten countries
in Southeast Asia
• History: five leaders – the foreign ministers of Indonesia, Malaysia,
the Philippines, Singapore and Thailand – sat down together and
signed a document
• ASEAN declaration
ASEAN - Association of Southeast Asian
Nations
Functions
• Acceleration of the economic growth, social progress and cultural
development
• Regional peace and stability
• Active collaboration and mutual assistance on matters of common
interest and so on.
SAPTA - South Asian Free Trade Area
History & Formations
• The free trade arrangement of the south Asian association for
regional cooperation (SAARC)
• The need for special and differential treatment for least developed
countries (LDCs)
• Signatory countries of SAFTA
SAPTA - South Asian Free Trade Area
Functions
• Tariff reduction and longer implementation periods under
liberalization programs
• Flexibility in the continuation of quantitative or other restrictions
• Special consideration in requests for technical assistance and
cooperation arrangements and so on.
OPEC - Organization of the Petroleum
Exporting Countries
History and formation
• Originated in 1960
• Member 12 Nations

Their work and duties

• Control Oil market – 78%
• Price Control
• International Competition Control
APEC – Asia Pacific Economic Corporation
History and formation
• Originated in 1989
• 21 member nation

Their work and duties

• Reducing trade barriers
• Controlling tariff
• Promoting economic welfare
CARICOM – Caribbean Community and
Common Market
History and formation
• Originated in 1973

Their work and duties

• UN Observer
• Making trade easier
• Faster custom procedure
MERICOSUR
History & Formation
• The Southern Common Market is a regional integration process.

Functions
• To promote a common space that generates business and investment
opportunities through the competitive integration of national
economies into the international market.
AFRICAN TRADING BLOCS
History & Formation
• A number of African countries have consolidated to create regional trade
blocs. Each trade bloc has its own goals and objectives, but in essence they all
aim to achieve economic prosperity through regional integration.

Functions
• The promotion of economic development and cooperation
• International and regional investment
• Regional integration
• Free trade and free movement between all member states
BIMSTEC
History & Formation
• The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic
Cooperation (BIMSTEC) is a regional organization comprising seven
Member States lying in the littoral and adjacent areas of the Bay of
Bengal constituting a contiguous regional unity.
Functions
• To constitutes a bridge between South and South East Asia and
represents a reinforcement of relations among these countries.
G7 - THE GROUP OF 7

• Japan • Italy
(1975)

France Germany

The
The U.K
U.S.A

• Russia • Canad
a
(1976)
G77 - THE GROUP OF 77

134
77 Developing
Developing
Countries
Countries
THANK YOU