economic diplomacy

May 8, 2012

The Council serves the United States government in an advisory capacity on major issues in international business and economic policy, including the effective integration of business interests and women’s economic empowerment into overall foreign policy...

Evidently, China has cultivated a delicate foreign policy toward the Southeast Asian region over the years. It initially followed soft-power diplomacy by providing economic aid to various infrastructure projects and opening its domestic market for Southeast Asian manufactured products without antagonizing the region politically.

As the US role in Iraq shifts from military cooperation to a civilian partnership led by the State Department, Clinton has focused on commercial diplomacy — building economic links —- as a way of fostering government transparency, political stability and stronger ties.

Pakistan’s Ambassador to the UAE Jamil Ahmed Khan has emphasised the need for pursuing economic diplomacy to benefit from the international opportunities available to Pakistan in the field of economy and trade.

Part of the plan is to hire nationals of the target markets with right skills and networks to head the charm offensive instead of sending Kenyans with little or no connections...he move not only marks a major shift in the country’s diplomatic positioning but also makes a significant departure from the way Kenya has traditionally staffed its embassies and high commissions abroad.

Economic Diplomacy requires application of technical expertise that analyzes the effects of a country’s economic situation on its political climate and economic interests. The foreign business leaders as well as government decision-makers work together on some of the most cutting edge issues in foreign policy... as well as in the more traditional areas of trade and finance.

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