scholarly journals Foreign Trade of the European Union : Dominant Fluctuations

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.

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. Mytsenko ◽  
◽  
M. Sukhomlyn ◽  
O. Yurchenko ◽  
◽  
...  

In modern conditions, the involvement degree of any country in the international economic relations is determined to a significant extent by the state of its foreign trade activities. For Ukraine, the European Union is a key trading partner. The signing of the Association Agreement with the EU provided Ukrainian producers with the opportunity to increase their presence in European markets, but at the same time it was accompanied by a number of problems and risks. The main ones are tariff quotas and high technical barriers to entry into the EU market. This study aims to analyze the state and development trends of foreign trade relations between Ukraine and the EU under the conditions of the Association Agreement and the resulting benefits and risks for domestic producers and, on this basis, substantiate the priorities of deepening these relations, taking into account national interests as a prerequisite for increasing the competitive economy of Ukraine. It was found that Ukraine has the potential to enhance export opportunities in general and with the European Union in particular. Amendments to the Association Agreement, the signing of the ACAA Agreement is a necessary institutional framework, a driver that will allow Ukraine to intensify, deepen and diversify its trade activities with the EU countries. It was revealed that raw materials prevail in the structure of Ukraine's merchandise exports to the EU, however, compared to 2013, its share has significantly decreased - by 14.3%. The structure of Ukraine's merchandise imports from the EU is more diversified, it is based on engineering and pharmaceutical products, as well as mineral products, polymer materials and plastics. The share of these products in the total volume of Ukraine's merchandise imports during 2013-2020 remains high and ranges from 54-56 %. Such trends testify to the import dependence of the Ukrainian economy and require an urgent solution. Based on the results of the analysis, it was determined that machinery-producing industries are promising from the point of view of further increasing the export opportunities of Ukraine to the EU. To support and develop them, it is proposed to carry out systematic and systematic measures, taking into account the obligations that Ukraine assumed by signing the Association Agreement with the EU. Special economic zones, science parks, technology parks and clusters are considered as tools to support the export potential of domestic engineering and the economic potential of the national economy. The effectiveness of these structures has been confirmed by numerous studies and successful international experience.


2020 ◽  
Vol 22 (1) ◽  
pp. 29-46
Author(s):  
Ivana Božić-Miljković ◽  
Kristina Kaličanin ◽  
Vladimir Mitić

The aim of this paper is to analyse trade relations between Serbia and the European Union, from the perspective of trade in agricultural products. An overview of the changes in the economic structure of Serbia, which resulted from the transition to a system of market economy and in which agriculture gained greater developmental significance than it had in the previous period, represents the starting point of the analysis. The trade of agricultural products between Serbia and the EU countries has been on an upward trend since the beginning of the century, and Serbia has achieved a positive balance in that trade. However, the structure of Serbian export points to a problem of low export competitiveness. This problem could be overcome by acting gradually on various segments of production, trade and promotion of agricultural products, which the authors of the paper define in the form of a proposal. Trade in agricultural products between Serbia and the EU is part of their overall economic relations and contributes to the process of Serbia's integration into the EU, so positive trends related to this aspect of their relations can be expected in the future.


2020 ◽  
Vol 10 (513) ◽  
pp. 14-21
Author(s):  
O. V. Kuklin ◽  
◽  
R. F. Pustoviit ◽  
M. Y. Kryvoruchko ◽  
◽  
...  

The article is concerned with an analysis of Ukraine’s European integration challenges, which are considered from the position of the effectiveness of foreign trade, as well as in light of the institutional challenges of the European integration course. According to the results of research, both the dynamics and the structure of Ukraine’s foreign trade relations with the EU Member States, the CIS and Asia countries are analyzed. It is defined that the focus on the European Union market prevented domestic exporters from reaching the pre-crisis levels of 2013. The resource nature of the national exports to the EU is underlined. The high level of interdependence in the sphere of foreign trade relations with former partners of Ukraine in the CIS – the Russian Federation and Belarus, especially in the field of imports of fuel and energy resources, and export of nuclear reactors, boilers, machines, railway locomotives, products of inorganic chemistry, is emphasized. It is determined that Ukraine’s implementation of the Ukraine-EU Association Agreement is at a low level of 43%. The authors characterize the main tendencies in Europe as to the quality of life of the population on the basis of two indicators - the proportion of households that barely make ends meet (Bulgaria, Greece, Croatia, Cyprus, Portugal, Romania), and have unsatisfactory living conditions (Cyprus, Latvia, Hungary, Portugal, Slovenia) - the values of which are much higher compared to the average level in the EU. The general conclusion on the ambiguity of the issue of the effectiveness of the national economy’s orientedness toward the market of the European Union has been drawn. The need to take into account the multi-vector nature of the modern globalized world in the process of researching the impact of European integration on the economic development of Ukraine is reasoned.


This book provides the first comprehensive analysis of the withdrawal agreement concluded between the United Kingdom and the European Union to create the legal framework for Brexit. Building on a prior volume, it overviews the process of Brexit negotiations that took place between the UK and the EU from 2017 to 2019. It also examines the key provisions of the Brexit deal, including the protection of citizens’ rights, the Irish border, and the financial settlement. Moreover, the book assesses the governance provisions on transition, decision-making and adjudication, and the prospects for future EU–UK trade relations. Finally, it reflects on the longer-term challenges that the implementation of the 2016 Brexit referendum poses for the UK territorial system, for British–Irish relations, as well as for the future of the EU beyond Brexit.


Publications ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 18
Author(s):  
Mauro G. Carta ◽  
Matthias C. Angermeyer ◽  
Silvano Tagliagambe

The purpose is to verify trends of scientific production from 2010 to 2020, considering the best universities of the United States, China, the European Union (EU), and private companies. The top 30 universities in 2020 in China, the EU, and the US and private companies were selected from the SCImago institutions ranking (SIR). The positions in 2020, 2015, and 2010 in SIR and three sub-indicators were analyzed by means of non-parametric statistics, taking into consideration the effect of time and group on rankings. American and European Union universities have lost positions to Chinese universities and even more to private companies, which have improved. In 2020, private companies have surpassed all other groups considering Innovation as a sub-indicator. The loss of leadership of European and partly American universities mainly concerns research linked to the production of patents. This can lead to future risks of monopoly that may elude public control and cause a possible loss of importance of research not linked to innovation.


2009 ◽  
Vol 12 (2) ◽  
pp. 125-149 ◽  
Author(s):  
Jong-Sue Lee

North Korea conducted 2nd nuclear test on May 25, 2009. It made a vicious circle and continued military tension on the Korean Peninsula. North Korea regime got a question on the effectiveness of the six party talks and ‘security-economy exchange model’. In addition, the North Korea probably disappointed about the North Korea issue has been excluded from the Obama administration's policy position. So the dialogue or relationship recovery with the United States and North Korea through six-party talks or bilateral talks will be difficult for the time being. This paper examines the EU policy on North Korea. Based on the results, analyzes the EU is likely to act as a balancer on the Korean Peninsula. Through the procedure of deepening and expanding the economic and political unification, the EU utilizes their cooperative policies towards North Korea as an ideal opportunity to realize their internal value and to confirm the commonness within the EU members. The acceleration of the EU's unification, however, began to focus on human rights, and this made their official relationship worse. Yet, the EU is continuously providing food as wells as humanitarian and technological support to North Korea regardless of the ongoing nuclear and human rights issues in North Korea. Also, the number of multinational corporations investing in North Korea for the purpose of preoccupying resources and key industries at an individual nation's level has been increasing. The European Union has unique structure which should follow the way of solving the problem of member states like subsidiary principle. It appears to conflict between normative power of the European Union and strategic interests on member states. This paper examines if the European Union is useful tool to complement Korea-US cooperation in the near future.


2018 ◽  
Vol 19 (3) ◽  
pp. 415-443 ◽  
Author(s):  
Ilaria Espa ◽  
Kateryna Holzer

Abstract In the context of the Transatlantic Trade and Investment Partnership (TTIP), the European Union (EU) has taken the lead in promoting the inclusion of a specific chapter on energy trade and investment in order to enhance energy security and promote renewable energy. Irrespective of the success of the TTIP negotiations, the EU proposal can contribute to developing multilateral rules on energy trade and investment. This is especially important given the increased number of energy disputes filed by the EU and the United States against other leading energy market players, including the BRICS. This article provides a normative analysis of the new rules proposed by the EU and reflects on potential responses of BRICS energy regulators. It argues that, while these rules are unlikely to immediately affect BRICS energy practices, they may eventually be ‘imported’ in BRICS domestic jurisdictions in order to promote renewable energy and attract investment in energy infrastructure.


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