Economic policy holds significant importance in international relations as it influences trade, investment, and diplomatic relations among nations. Effective economic policies can enhance a country's global standing, promote cooperation, and create opportunities for mutual benefit. Conversely, detrimental policies might lead to sanctions, trade disputes, or strained relationships. Economic policy also reflects a state's priorities and values, impacting how it engages with others on the global stage. Therefore, establishing sound economic frameworks is essential for fostering peace, stability, and collaboration in the international arena.