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The article talks about regional trading blocs in india and the win win situation for singapore

As measured by gross domestic product, the Customs Union in its three-member format of Russia, Belarus and Kazakhstan still appears tiny beside the European Union. The output of the Customs Union states was $US2.3 trillion last year, compared with $US16.6 trillion for the EU, according to the International Monetary Fund. Ukraine's economic output of $US176 billion last year would only modestly bolster the Russian bloc.

The European Union and America are to open negotiations with the aim of creating the world's biggest free trade area worth €86bn (£75bn) within two years.

The article talks about the trade deficit in Europe. Prime minister Cameron wants to increase GDP by 0.5%. This would make a major difference to Europe's economy and could become a "game-changer". Cameron wants to accomplish this goal by breaking down trade barriers.

The European Union and America are to open negotiations with the aim of creating the world's biggest free trade area worth €86bn (£75bn) within two years. Breaking down the remaining trade barriers and securing a comprehensive deal will require hard work and bold decisions on both sides. EU and US economies account for nearly half of the world's economic output and a third of global trade, meaning that a transatlantic free-trade bloc would hold great sway over emerging economic superpowers China, Brazil and India.

Venezuela has joined Mercosur, six years after first applying to join the South American trading bloc. This article showcases features of economic integration, in this case customs union, which is a free trade area where members establish a common tariff and agree to other trade policies with non-member countries. Well, this article is particularly valuable also because it gives you that well-known sense of economic reality as a genuinely different economic world than that described in the economic theory. Countries cluster together for a mutual advantage, however, as opposed to comparative advantage concept and other highly cherished theoretical reasons, it always comes down to natural resources as vital sources of geopolitical influence, for instance oil, which is abundant in Venezuela. This can reasonably be inferred from the following quote: "Brazil said Mercosur was "also positioning itself as a global energy power in renewable and non-renewable resources". In the end, the disadvantages of economic integration are given, highlighting the fact that in economics there are perpetual advantages as well as disadvantages (influx of cheap agricultural products, little influence in decision-making processes). But then again, the disadvantages have to be explained within advantages in order to grasp the holistic situation (e.g. influx of cheap agricultural products forces Venezuelan farmers to cut down on their costs and improve on efficiency).

This article discusses how the Ukrainian president vetoed a trade deal with the European Union. This trade deal was an opportunity for trade creation in the EU, because the EU bloc would have been expanded. The EU claims that the trade deal would have boosted the Ukrainian economy by 6%.

This article talks about Ukraine and its joining the EU Free-trade pact or the Ex-Soviet Pact monitored by Russia. When the idea was proposed, Ukraine was considering but two days before the EU Summit in Vilnius, Ukraine declined the offer - ultimately joining the Ex-Soviet Trade Pact. Now, Ukraine has came back to the idea of the EU Free-trade pact, and is again considering while people are protesting on the streets. The view of the people is split. In addition, Ukraine is close to bankruptcy which makes the choosing of the pacts even more important. Russia has money and can help Ukraine, while the EU doesn't have that ability. We shall see the outcome soon.

KARACHI: The trade potential between India and Pakistan is estimated to be around $20 billion against the current around $3bn, according to a working paper published by ICRIER. However, non-trade barriers (NTBs) and bureaucratic hurdles continue to impede growth in the bilateral trade. Here we see the restrictions of trade between India and Pakistan are causing problems and both countries want to work out an agreement to end such unnecessary barriers. Estimates say that $20 billlion in trade could be made between the two nations, more than 6 times the current amount. What's help up the removal of trade blockages is the need to agree on goods and service regulations, especially in textiles and banking.

This article is about the UK and the EU and how the UK could benefit more by in fact leaving the EU.