The foreign trade relations of the CMEA countries: Their significance for reforms of the economic system

1988 ◽  
Vol 17 (2) ◽  
pp. 137-149
Author(s):  
Peter Knirsch
Keyword(s):  
Foreign Trade ◽  
Economic System ◽  
Trade Relations

scholarly journals The role of factoring in international trade financing

2020 ◽  
Vol 3 ◽  
pp. 36-41
Author(s):  
Tural Alasgarli ◽  
Keyword(s):  
International Economic ◽  
International Trade ◽  
Foreign Trade ◽  
Economic System ◽  
20Th Century ◽  
Trade Finance ◽  
Trade Relations ◽  
Trade Financing

As 20th century ends, international economic system has gained new characteristics, international trade and its finance has reached at a different aspect. Parallel to the increasing trade relations, new technics of foreign trade finance has been widely available. Among them, factoring was evaluated in this study.

scholarly journals INSTITUTIONAL AND FINANCIAL COMPONENTS OF UKRAINE’S EXPORT GROWTH

2018 ◽  
Vol 2018 (8) ◽  
pp. 30-49
Author(s):  
Kateryna ANUFRIIEVA ◽  
Keyword(s):  
Foreign Trade ◽  
Financial Services ◽  
International Market ◽  
The State ◽  
Schematic Model ◽  
External Trade ◽  
Resource Base ◽  
Trade Relations ◽  
The World ◽  
Credit Agency

Today, the state policy on export development is being improved and the export support tools are being implemented at the legislative level. Exporting economic entities form the demand for financial services, which would meet current conditions in the international market, as well as allow for unrestricted settlements with foreign counterparties, available financing of working capital and insurance provision of export operations in order to increase the competitiveness of such entities. The author substantiates importance of the centralized focus of export support efforts, determines the concept of “trade financing and insurance” as a source of resource and institutional support for export operations and highlights the positive aspects and problems arising from financing of export transactions and settlements with counterparties. The state of international cooperation on export issues and trends of the world trade are briefly mentioned. As is known, the Export and Credit agency (ECA), an institution for insurance and export support, has recently been established; however, its place, management, tasks and resource base are still being determined. Therefore, the article proposes a basic schematic model of the activities of this institution. The author emphasizes that increasing the competitiveness of Ukrainian exporters and strengthening their confidence in them in the international market are especially important given the world trend of “de-risking”. De-risking is the limitation of cooperation with certain categories of clients or states (which Ukraine is sometimes included in) to avoid the risk of financing illicit activities, a person under sanctions, terrorism, and the like. The focus of further research the author suggests addressing such issues: (i) interaction of the state and private sectors with support of exports; (ii) determination of the product range of financial institutions servicing the subjects of foreign trade, as well as the ECA; (iii) impact of sanctions and restrictions on Ukraine’s foreign trade relations. Accelerating the development of exports and overcoming obstacles when concluding the external trade agreements and settlements will ultimately help Ukraine to take a niche among the world’s exporters and strengthen its own financial security.

scholarly journals Extracting Trading Locus: Where we are in Indo-Nepal Trade?

2020 ◽  
Vol 17 ◽  
pp. 41-53
Author(s):  
Khom Raj Kharel ◽  
Dhan Raj Chalise
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Significant Contribution ◽  
Trade Agreement ◽  
Total Trade ◽  
Trade Relations ◽  
Analytical Research ◽  
Ancient Times ◽  
Mutual Relations ◽  
Import Trade

Nepal and India have had trade relations since time immemorial. Nepal was known as an exporting nation in the ancient times. Before the trade agreement between Nepal-Britain Treaty in1923, Nepal's trade with India was more than 95 percent. Despite various treaties and agreements between Nepal and India, Nepal's trade with India now accounts for around 65 percent of total trade. Despite the trade and mutual relations between Nepal and India, India has been treating Nepal on the basis of benefits. In different time periods, India has been creating problems in trade and transit, contrary to international norms and trade and transit treaties, under various pretexts. The objective of this paper is to review of Indo-Nepal trade and transit treaties and analyzing the present status. Descritptive and analytical research design is applied and simple statistical tools are used to analyze the growth and direction of foreign trade of Nepal. Linear regression model is applied to measure the total trade with India and total volume of foreign trade of Nepal. This study has found that there has been significant contribution of total trade with India to the total volume of foreign trade of Nepal. The import trade of Nepal with India is extremely high in comparison to export trade and total trade balance and trade balance with India has been increasing with a huge deficit.

A Study of India's Trade Relations with China in WTO Era

2014 ◽  
Vol 5 (1) ◽  
pp. 46-58 ◽  
Author(s):  
Surendar Singh ◽  
R. C. Mishra
Keyword(s):  
Foreign Trade ◽  
Global Economy ◽  
Final Section ◽  
Economic Structure ◽  
Major Change ◽  
Total Trade ◽  
Trade Relations ◽  
The World ◽  
India And China

China's joining of WTO in 2001 has completely changed its economic structure and its entry in WTO proved to be a landmark event in the global economy. As a result, China's trade relations with the world have improved significantly particularly with India. Both, India and China are the fastest growing economies in the world since they have grown at rate of 8% and 10% GDP respectively. The total trade between India and China was reached to $60 billion in 2010. However, the major change in the trade relations between India and China has come after China's joining of WTO in 2001. In the above background, this paper is divided into three parts. The first part of the paper examines the direction of foreign trade of China after becoming a member of WTO and, the second part analyzes India's trade relations with China (Pre and Post China's joining of WTO). The final section of the paper delineates the major constraints between India and China for improving trade relations.

scholarly journals Analysis of the Russian-Chinese economic correlation in the field of foreign trade relations in the pandemic

2020 ◽  
Vol 222 ◽  
pp. 05019
Author(s):  
Elena Sinianskaia ◽  
Olga Savostina ◽  
Xu Rui
Keyword(s):  
Foreign Trade ◽  
Swot Analysis ◽  
Integrated Approach ◽  
Business Environment ◽  
Internal Factors ◽  
Trade Relations ◽  
Short And Long Term ◽  
Chinese Trade ◽  
Restrictive Measures ◽  
Short Time

The article deals with the issues of improving analytical support for risk assessment using the SWOT analysis of internal and external environment factors through the example of Russian-Chinese economic cooperation in the field of trade. The analysis of the structural components of the most significant indicators of Russian-Chinese trade flows for the period of 2017–2018, preceding the COVID-19 pandemic, and the dynamics of export-import operations from January 2019 to June 2020 during the introduction of restrictive measures were performed. Besides, the additional impact of the simultaneously developing currency crisis in Russia and possible measures to overcome it at the bilateral level were considered. Based on the indicators of a very rapid return of Russian-Chinese foreign trade relations to close to pre-crisis ones within a short time, it can be assumed that an integrated approach to assessing, planning, and monitoring internal and external risks in the short and long term gives a positive result. Therefore, the traditional analysis of internal factors that are the most predictable and subject to constant control by organisational leadership must be coordinated with a thorough analysis of uncertainty factors, which allows adapting to the rapidly changing business environment as quickly as possible. As a result, the effectiveness of strategic planning and strategic analysis is significantly increased.

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