But considering Liberia’s present situation, economic diplomacy should be given greater priority in our international relations since economic diplomacy is now key factor in the development of contemporary international politics. The typical international actors are states and the bulk of diplomacy involves relations between states directly, or between states, international organizations, and other international actors. Contemporary diplomacy in terms of practice is carry out through several processes such Shuttle diplomacy, Multilateral diplomacy, Public diplomacy, Economics diplomacy, Hi-Tech diplomacy, Conference diplomacy, Instant Media diplomacy and Resident diplomacy which is also called Track diplomacy; Track One refers to the standard form of diplomacy involving negotiations between officials of two or more. Other area of diplomacy, which has brought great development to other nations is economic and trade diplomacy, as well as economic and commercial diplomacy. Nowadays, economic diplomacy and trade are now being given greater priority; these areas are now the key factors in the development of contemporary international politics.
Source: GNN Liberia April 30, 2017 21:45 UTC