Regional integration is an arrangement between nation states to cooperate in some comprehensive way for their mutual benefit. The term usually applies to neighboring states, and it usually entails a series of agreements to benefit the well-being of the region—for example, by promoting free trade, enabling easier flow of financial transactions, implementing uniform environmental and other legal standards, and allowing easier travel within the region. [Source: Encyclopedia of Business in Today's World; Regional Integration]
regional integration
regional economic integration
concepts