Peculiarities of Israel's participation in regional economic integration

In: Journal of International Analytics, Issue 2, p. 41-50

Abstract

At present, the majority of countries are involved in regional economic associations. National economies are attracted primarily to the neighboring countries and regions. Therefore, the term «regional economic integration» is used more often than the term «international economic integration». Israel is in a difficult geopolitical condition, it has a unique experience of participating in such associations that is in the center of investigation. The research is focused at the free trade zones between Israel and the European Union (EC), the United States, state and economic integration prospects in the Middle East as a whole. In the final part of the article the author notes the possibility of liberalization of foreign trade regime between Israel and the Eurasian Economic Union.