1. A formal or informal agreement between countries, organizations, or entities to cooperate economically for mutual benefit
The two nations formed an economic alliance to increase trade and investment.
Os dois países formaram uma aliança econômica para aumentar o comércio e investimento.
2. A strategic partnership focused on economic cooperation, tariff reduction, or market integration
The European Union is a successful economic alliance of member states.
A União Europeia é uma aliança econômica bem-sucedida de estados membros.