"economic bloc" is a correct and usable phrase in written English.
An example sentence might be: "The European Union is the world's most powerful economic bloc."
All this, if it happens, will create an economic bloc, which should attract more investment.
The Chinese premier, Mr. Li, is clearly aware of Germany's power within the European economic bloc.
Early in his Presidency, Ortega signed up with the Venezuelan leader Hugo Chávez's regional economic bloc.
So the structures required for the formation of a regional economic bloc are already in place.
This month, South Sudan also reiterated its interest in joining the East African Community economic bloc, which it neighbors.
But since then the eurozone has expanded and - its supporters would maintain - strengthened as an economic bloc.
Investing in these countries gives Chinese firms entry into the EU single market, the largest economic bloc in the world.
But the European Central Bank served notice that the world's second-largest economic bloc will not join the upward march.
The European Union is the world's biggest political and economic bloc, and it often aspires to global leadership.
The Lacalle administration (1990 95) carried out economic reforms and made Uruguay a member of a regional economic bloc, the Common Market of the South (Mercosur), in 1991.
On the other hand, Ukraine has been under pressure from Russia to join its own economic bloc, along with Kazakhstan and Belarus.
