Opportunities for the countries of the Middle East and North Africa to participate in trade in intermediate commodities within global value chains to enhance regional trade integration
Keywords:
regional trade integration, the Middle East and North Africa, the international economy, chains Global value, intermediate goods. المستخلصAbstract
Among the changes witnessed by the world is the increasing trend towards regional trade integration between economies seeking advancement and progress in both developed and developing countries to enhance their ability to compete in the global economy. In light of the Corona pandemic, global value chains faced pressures all over the world, as long chains were disrupted due to the measures accompanying the pandemic and losses increased, which prompted them to reconsider the strategy used and the participating countries. The pandemic provided opportunities for countries to enter the international arena by participating in chain links. Short global value to advance its regional trade.
The most important ways to participate in global value chains are through four links, the most important of which is participation in the trade in intermediate goods, by attracting direct foreign investments. On the other hand, it was stressed the need for policies to support and enhance this participation, which are essential determinants of the degree of the country’s participation in global value chains, which are the policies that affect customs duties and customs efficiency, as well as foreign direct investment policies, the quality of logistics services, and finally the determinant of political stability. Therefore, we will discuss international trade to know the most important partners at the regional and global levels and to know the countries that participate in the global value chains of the trading partners of the countries of the region.
The ability of companies and countries to participate in global value chains is greatly affected by the capabilities available to them, and the opportunities that must be well exploited. Transport and logistics, as well as attracting foreign direct investment, which play its role in enhancing the previous capabilities.
