1945

Regional economic cooperation and integration (RECI) has brought transformative change to the Asia-Pacific region. It has powered trade and economic growth, supported investment and competitiveness, and strengthened the ability of policymakers to overcome domestic challenges. Strengthening regional cooperation and integration offers great potential for the subregion to eliminate poverty and achieve inclusive and sustainable development. At the regional level, ESCAP member States have recognized the crucial importance of harnessing the potential of RECI to address these challenges. This was enshrined in 2012 through the Commission’s resolution 68/10 “Enhancing regional economic integration in Asia and the Pacific”. As we now work to meet the 2030 Agenda and its Sustainable Development Goals, it is right to take stock in order to assess the benefits further integration could deliver, and how this might be supported by ESCAP.

Related Subject(s): Economic and Social Development
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