scholarly journals FOREIGN TRADE ACTIVITY OF UKRAINE WITHIN THE FRAMEWORK OF SIGNING OF «FTA+» WITH THE EU AND FTA WITH THE CIS

2016 ◽  
Vol 1 (127) ◽  
pp. 116-127
Author(s):  
O. Lytvyn
Keyword(s):  
Foreign Trade ◽  
Free Trade ◽  
Russian Federation ◽  
Labour Force ◽  
Free Trade Area ◽  
Trade Agreement ◽  
Internal Market ◽  
Economic Collaboration ◽  
Foreign Trade Activity ◽  
The Eu

This article deals with the prospects, possible risks and threats of deep and comprehensive free trade area («FTA+») between Ukraine and the EU. Features of foreign economic activity of Ukraine within the framework of FTA with the CIS are also considered in the article. A detailed analysis of the foreign trade statement and regional pattern of exports and imports of Ukraine is presented for the last few years. The key difference between «FTA+» with the EU and classic free trade areas is determined. Risks of the external economic collaboration of Ukraine with the European countries are described after intensifying of the conflict between Ukraine and Russian Federation. Reasons of suspension of the Free trade agreement between Russia and Ukraine are marked. It operated within the framework of FTA with the CIS, trade and economic collaboration between the countries until the abolition of a free trade with Ukraine by Russian Federation. The consequences of the European technical and phytosanitary standards, substantial diminishing of export and import duties and measures related to the preparation of internal market to «FTA+» are analysed for Ukraine. The form of «FTA+» is found out, which foresees the reduction and liquidation of trade barriers within the framework of a free trade regime. It doesn’t deal only with liberalization of bilateral commodity trade but such spheres, as: trade in services, regime of foreign direct investment, public purchasing and labour force movement. The form of «FTA+» also foresees a wide adaptation program of economic and sectoral legislation of Ukraine to the norms and standards of the EU that will allow removing of nontariff barriers for domestic exports to internal market of the EU.

scholarly journals ANALYSIS OF UKRAINE’S INTERNATIONAL TRADE IN THE EUROPEAN UNION

2019 ◽  
Keyword(s):  
European Union ◽  
International Trade ◽  
Foreign Trade ◽  
Free Trade ◽  
Free Trade Area ◽  
Trade Agreement ◽  
The European Union ◽  
Association Agreement ◽  
Business Entities ◽  
The Eu

Ukraine's foreign trade is one of the most important means of increasing the state budget, and the European Union is the strongest global economic organization, the largest and best regional market in the world. Therefore, the study of the problems of economic cooperation between Ukraine and the EU in the context of wide and favorable access of domestic enterprises products to the EU markets is becoming increasingly important for achieving a strategic goal. This goal concludes the development of Ukraine`s economy and achievement of a rightful place in the international differentiation of labor. The article considered the socio-economic nature, role and importance of international trade; main problems and prospects of Ukraine's trade with the EU as well as its dynamics and structure, various methods which are applied to analyze the current state of foreign trade of Ukraine with the EU. In our work we analyzed the obstacles of trading between Ukraine and the EU, ways to overcome them and benefits of this trade. The application of the Free Trade Area between Ukraine and the EU contributes to the gradual expansion of Ukrainian export access to European markets under the Association Agreement. The execution of this agreement for Ukrainian business entities simplified the entry to the protected domestic market of EU Member States and gave the opportunity to realize its own competitive benefits in purchase quality and price. Under this Free Trade Agreement Ukraine assumed not only opportunities but also certain obligations on improvement of quality standards and product safety, implementation of reforms in the area of technical regulation, development of quality assurance system and safety food industry. The simplification of goods access to other markets is indirect benefit for Ukrainian manufactures. The entry to the EU markets with high level standards automatically indicates goods quality.

scholarly journals UKRAINE’S FOREIGN TRADE WITH THE EU: OPPORTUNITIES AND CHALLENGES

2019 ◽  
pp. 338-350
Author(s):  
Halyna ARTAMONOVA
Keyword(s):  
Foreign Trade ◽  
Free Trade ◽  
Agricultural Sector ◽  
Free Trade Area ◽  
Trade Agreement ◽  
Pharmaceutical Products ◽  
Trade Area ◽  
Current State ◽  
European Markets ◽  
The Eu

The article casts light onto the current state of foreign trade between Ukraine and the EU in the conditions of a free trade area. Having analyzed the structure of merchandise exports and imports, the author reveals major challenges that arise as current tendencies persist into the future. Special attention is paid to seizing the opportunities provided by the EU-Ukraine Free Trade Agreement for realization of export potential of the agricultural sector on the markets of these countries. The author suggests ways to create conditions for diversification of merchandise exports, facilitation of access to European markets for the exporters of finished agricultural goods, as well as taking measures for constraining the inflows of non-critical merchandise imports, in particular pharmaceutical products.

scholarly journals A Solution for Africa

2009 ◽  
Vol 2 (2) ◽  
Author(s):  
Anna Collins
Keyword(s):  
Free Trade ◽  
Regional Integration ◽  
Market Integration ◽  
Free Trade Area ◽  
Trade Agreement ◽  
The United States ◽  
Majority Voting ◽  
Regional Environment ◽  
Trade Area ◽  
The Eu

Regionalism—the efforts of a group of nations to enhance their economic, political, social, and cultural interaction—can assume various forms, including regional integration/cooperation, market integration, development integration, with the intent of accommodating the changing national, international, and regional environment. Despite the fact that to this day, attempts at integration (in particular, market integration based on the EU model) and regionalist impulses as they currently occur have been entirely unproductive throughout the African continent, regionalism continues to be regarded by African leaders as a reasonable strategy for increasing intra-regional trade and for reversing Africa’s rising marginalization in the world economy. They continue to be assured by the success of the North American Free Trade Agreement (NAFTA) and the viability of the European Union’s (EU) model for integration, which begins with a free trade area or preferential trade area and ends with complete economic integration. The EU model features a specific mode of decision making (qualified majority voting), conflict resolution mechanism (role of the European Court of Justice), budgetary arrangements (revenue collection and distribution), and citizen involvement (direct elections to the European Parliament) and takes on increasingly state-like functions. While extremely successful in integrating its constituent member state in Europe, as a model it is limited, given the unique circumstances under which it was established and promoted. As noted by Emil Kirchner: Consideration of the EU as a model for other regional integration settings might be limited, given the unique circumstances in which it was established and promoted. Born out of conflict, the EU benefited from special circumstances in its development, e.g. the Cold War, the United States guarantee and nurturing role, and the industrialised nature of the European economies, which are not found elsewhere.

scholarly journals Prospects for managing Russia's foreign trade activity against the background of shifts in the EU development

2019 ◽  
Vol 4 (9) ◽  
pp. 17-24
Author(s):  
Сергей Царев ◽  
Sergey Carev ◽  
Елена Горбатенко ◽  
Elena Gorbatenko
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Russian Federation ◽  
The European Union ◽  
Foreign Trade Policy ◽  
Eu Member States ◽  
Trade Practice ◽  
The Russian Federation ◽  
Foreign Trade Activity ◽  
The Eu

This article discusses the most pressing problems faced by the Russian Federation in the implementation of its foreign trade policy in the framework of commodity exchange with the European Union (EU) from the standpoint of improving the management of these processes. The modern characteristics of mutually beneficial trade of the EU member States and the Russian Federation are analyzed. The most significant changes in the EU foreign trade practice are revealed.

Ukraine-Russia ties will weaken with EU deal

2015 ◽  
Keyword(s):  
Free Trade ◽  
Free Trade Area ◽  
Trade Agreement ◽  
Free Trade Zone ◽  
Content Type ◽  
Trade Area ◽  
Russian President ◽  
Food Imports ◽  
Vladimir Putin ◽  
The Eu

Subject The EU-Ukraine trade agreement. Significance The delayed EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA) will start in January. The accord is set to strengthen ties between the EU and Kyiv. Russian President Vladimir Putin has ordered the ending of a free-trade zone with Ukraine, arguing that the new Kyiv-EU deal will harm Russia's economy. Also, in retaliation for Kyiv's participation in sanctions against Russia, the Kremlin has ordered an embargo against Ukraine food imports into Russia, which could cost Kyiv 300-600 million dollars per year. Impacts Ukraine will continue to reorient itself and sell food and products to other markets, such as Turkey and Israel. An influx of imports from the EU could prove a serious challenge to many local producers and thus should stimulate reforms. Termination of Ukraine trade with annexed Crimea from mid-January will weaken Kyiv-Moscow ties further.

scholarly journals FREE TRADE BETWEEN THE RUSSIAN FEDERATION AND SERBIA AND THE SEGMENT OF FOODSTUFFS AND AGRICULTURAL PRODUCTS IN FOREIGN TRADE BETWEEN THEM

2020 ◽  
pp. 105-119 ◽  
Author(s):  
V. V. Vityuk
Keyword(s):  
Food Security ◽  
Foreign Trade ◽  
Free Trade ◽  
Russian Federation ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Agricultural Products ◽  
The World ◽  
Balkan Region ◽  
The Russian Federation

The article analyzes and comments the content of cooperation between the Russian Federation and Serbia, which is based on the strategic status of the partners and the geopolitical position of modern Serbia in the world, Europe, Balkan region. The article characterizes the results of foreign trade activities of the parties, including in the framework of the free trade agreement and foodstuffs and agricultural products, as applied to the objectives of ensuring food security of Russia.

scholarly journals Ukraine’s foreign trade: measuring dichotomies between East and West

2021 ◽  
pp. 334-351
Author(s):  
Anton Poliszczuk
Keyword(s):  
Foreign Trade ◽  
Free Trade ◽  
Free Trade Area ◽  
Trade Integration ◽  
Eu Member States ◽  
Trade Area ◽  
Trade Turnover ◽  
Cis Countries ◽  
Foreign Trade Turnover ◽  
The Eu

For past decades the two major consumers of Ukrainian products have been the CIS countries and the EU, both making up to 55% of the foreign trade turnover. An enactment of the Deep and Comprehensive Free Trade Area in 2016 has significantly boosted the trade between Ukraine and the EU Member States and, from other hand, has indirectly contributed to the reduction of trade with key CIS partners. In result, basically, has occurred a reorientation of Ukrainian trade from Eastern partners to Western. The analysis of the foreign trade of Ukraine for the period 2010–2019 has proved the thesis that Ukraine has gained first of all quantitatively in trade integration with the EU and lost first of all qualitatively in diminished trade with the CIS.

Recent Developments in the Regulation of Investor-State Dispute Resolution: Any Lessons for the Southern African Development Community?

2017 ◽  
Vol 10 (2-3) ◽  
pp. 180-204
Author(s):  
Lawrence Ngobeni ◽  
Babatunde Fagbayibo
Keyword(s):  
Dispute Resolution ◽  
Free Trade ◽  
Free Trade Area ◽  
Trade Agreement ◽  
Southern African Development Community ◽  
African Union ◽  
Foreign Investments ◽  
African Development ◽  
Trade Area ◽  
Recent Developments

Abstract In 2016, the Southern African Development Community (SADC) amended Annex 1 of the SADC Protocol on Finance and Investment (FIP) in order to remove investor access to international arbitration or Investor-State Dispute Resolution (ISDS). The recent formation of the African Continental Free Trade Area (AfCFTA) and the COMESA-EAC-SADC Tripartite Free Trade Agreement (T-FTA) are factors that will likely curtail SADC’s ability to regulate foreign investments. Both AfCFTA and T-FTA are supposed to have their own investment protocols. This means that SADC faces the loss of regulatory authority over foreign investments. The recent formation of the Pan African Investment Code (PAIC) has shown that some African Union (AU) Member States want to provide ISDS for their investors, while others including SADC Members States do not. This article intends to evaluate the lessons SADC can learn from other jurisdictions in terms of the effective regulation of ISDS.

Sign in / Sign up

Export Citation Format

Share Document