scholarly journals FOREIGN TRADE RELATIONS OF THE EUROPEAN UNION IN THE CONTEXT OF INCREASING GLOBAL UNCERTAINTY

2020 ◽  
pp. 59-69
Author(s):  
Igor Gladkov ◽  

The article analyzes the competitive positions in the system of modern international trade of the world's largest regional integration community – the European Union (EU), consisting of 28 member countries. The most important trends in the dynamics and geographical structure of the EU's foreign trade relations are considered against the background of increasing global turbulence, as well as in the run-up to the UK's withdrawal from this grouping. Based on actual and statistical data, the author substantiates the claim that the leading integration bloc managed to maintain its leadership in the world commodity exchange in the conditions of increasing global uncertainty due to its well-thought-out foreign trade policy, which includes a number of quite effective tools. According to the author, the experience gained by the EU is undoubtedly of interest for a more detailed study, since during the entire six-year period under review (2014-2019), there were very significant changes in the sphere of world trade, both at the global and regional levels. These include rising tensions caused by the spread of protectionist sentiments among leading actors, the formation of new types of trade alliances, and the use of sanctions against competitors under the guise of untenable rhetoric. However, the current year has brought more large-scale disasters associated with the emergence of a new virus infection of a planetary scale. Such trends have a negative impact on the dynamics of global trade, including foreign trade relations of the European Union.

Author(s):  
I. S. Gladkov ◽  

The most important changes in the dynamics of foreign trade turnover of the European Union, as the leading collective subject of modern international trade, are considered for the first time during the first two decades of the XXI century. The shifts in the positions of the European Union in the system of global commodity exchange in the context of the changing numerical composition of the grouping are shown. The trends in the geographical structure of the EU’s export-import activities outside the bloc, including foreign trade relations with the Russian Federation, are analyzed. The main changes in the commodity composition of export and import of products outside of this integration association are revealed. The conclusions are drawn that, despite the large-scale challenges and crises that have manifested themselves over the twenty-year period, the European Union has managed to maintain a leading position in global trade thanks to its wellthought- out and flexible foreign trade policy. The methodology of comparative and statistical analysis is used on the basis of the latest statistical materials, a number of official and numerous calculated author’s data introduced into Russian scientific circulation for the first time.


2019 ◽  
pp. 341-353
Author(s):  
Marcel Kordos

The possibility of the UK's withdrawal from the European Union has never been more realistic and up-to-date since joining the European Communities (EC) as it is today. The UK is facing a unique situation. At present, this depends solely on the capabilities of European and British government officials, who negotiate the terms of withdrawal and future cooperation between the two entities. The main goal of this paper is based on the British – Slovak trade relations development analysis to figure out their impact within the Brexit consequences on the future Slovak economy and its current status in international economic relations. The paper also provides a basic overview of Brexit process and its possible impact on the EU's further functioning. Basic data will be drawn from generally accepted institutions, evaluating the UK and Slovak trade and economic performance. To accomplish this goal, methods such as analysis and comparison to illustrate the UK-Slovak foreign trade development, synthesis and logical deduction to discuss the Brexit impact on Slovak economic environment in the future are to be used; data from scientific and professional publications, periodical and non-periodical press. The paper presents the results of an empirical analysis, which showed that because of the size of economic relations between Slovakia and the United Kingdom and the number of goods and services being exported to the UK, the «hard» Brexit will be very unfavourable for Slovak foreign trade due to the possible tariffs being imposed. The research empirically confirms and theoretically proves that it can cause a significant weakening and slowdown in the Slovak economy. Either way, the upcoming Brexit process, that is the withdrawal of Great Britain from the European Union, would have a major impact not only on British, European but also on the world economy. The impact of Brexit on Slovakia's economy will not only be in reducing the possible growth of the economy, but also in employment and price increases. Keywords: EU single market, Britain's withdrawal from the EU, foreign trade policy instruments analysis, international economics, Slovak economy slowdown prediction, Slovak foreign trade commodity structure analysis.


Upravlenie ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 42-50
Author(s):  
D. E. Barsegyan

The article considers the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia, as well as the impact of tariff preferences on foreign trade between two countries. The analysed measures were: dynamics of the Russian Federation’s exports to the Republic of Serbia, dynamics of the Russian Federation’s imports from the Republic of Serbia, tariff preferences applied between countries. The article provides statistical data on the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia for 2010–2019 and their dependence on the application of tariff preferences, as well as indicators of trade between the EAEU and the EAEU member states with the Republic of Serbia for 2017–2019. The paper analyses the possible directions of Serbia’s participation in the EAEU and the European Union, assesses the benefits of creating a free trade zone between the EAEU and Serbia, as well as the costs of Serbia’s integration into the European Union. The importance of tariff preferences in the development of foreign trade relations between Russia and Serbia is shown.


Author(s):  
I. Gladkov

The article analyzes the current changes that have occurred over the past five years in the dynamics, geographical and commodity structure of foreign trade relations of the European Union (the EU) as the largest collective entity in the system of modern international commodity trade. The EU was able to maintain its dominant position in the world commodity exchange quite effectively, despite the increase in a number of adverse external factors, such as General "turbulence", the expansion of the zone of protectionist and sanctions measures, and trade conflicts in international commodity trade. The worldwide spread of a new viral infection in early 2020 also made a significant contribution to the noticeable increase in tension in the world economy. This process has acted as a so-called "black Swan", that is, a kind of catalyst that contributes to the approach of the next General cyclical crisis, which was expected by experts of the largest international structures in 2019. It is worth noting that the scale of this challenge has yet to be assessed, since the latest expert forecasts suggest a much more modest reduction in the main indicators of world economic evolution. The author provides up-to-date statistical materials and numerous calculation data that are being introduced into the domestic scientific circulation for the first time.


10.23856/3007 ◽  
2018 ◽  
Vol 30 (5) ◽  
pp. 76-82
Author(s):  
Kateryna Slyusarenko ◽  
Irina Maksymova ◽  
Anastasiia Beskrovna

Foreign trade relations between Ukraine and the EU are developing under the terms of the Association Agreement coming into force. The article presents both positive and negative sides. The dynamics of foreign trade between Ukraine and the EU countries is analyzed, Ukraine's export and import structure is represented, as well as the proposed priorities of the development of foreign economic relations between Ukraine and the European Union


Author(s):  
I. S. Gladkov

The article analyzes the most important changes that have taken place over the past five years in the dynamics and geographical structure of foreign trade relations of the European Union (EU) as the largest entity in the system of modern international commodity trade. It is shown that, despite such rather unfavorable external factors as the increase in general turbulence in world commodity trade, the expansion of the zone of protectionist and sanctions measures, trade conflicts, the EU was able to maintain its dominant position in international commodity exchange. At the same time, the European Union has pushed the main competitors, as the latest statistics show a significant decrease in the share of the North American free trade Association (NAFTA, consisting of the United States, Canada, Mexico) and Japan in international exports. Continuing to pursue a balanced foreign trade policy, the EU used its traditional instruments not only to increase its activity in general and outside the European region, but also to maintain a positive balance of foreign trade. In addition, there are hopes for the resumption of goodneighbourly trade relations between the European Union and the Russian Federation, which have been complicated in recent years by the introduction and extension of sanctions measures by the EU and Russia's response. The author presents new statistical materials, numerous calculated data, for the first time introduced into the domestic scientific circulation.


2020 ◽  
Vol 13 (2) ◽  
pp. 44
Author(s):  
Viljar Veebel

Recent developments in European security situation, starting with the Russia-Ukraine conflict, followed by the complicated Brexit and political instability in the Middle East and North Africa, have given rise to instability in the European Union. Yet, none of the other factors could be compared with the risks caused by the massive influx of refugees into the EU that challenges both solidarity and responsibility of the member states. In this context, it is extremely important to understand the actual security threats related to the refugee crisis and the root causes of growing refugee flows. This article discusses the roots of large-scale migration flows in the European Union (EU) over the present decade and investigates the potential link between migration flows and modern hybrid warfare, referring to the coordination of various modes of warfare, such as military and non-military means, conventional and non-conventional capabilities, state and non-state actors with an aim to cause instability and disarrangement. It is intriguing to investigate whether the increase in migration flows could be linked to present confrontation in the global arena on the Russia-West axis. Common patterns of migration flows from Syria and Ukraine to the EU are discussed, as well as policy recommendations are given to diminish the negative impact of similar events in the future.


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