Trade between Russia and the Maghreb: Trends and Prospects

2020 ◽  
pp. 157-170
Author(s):  
Liudmila V. Shkvarya
Keyword(s):  
Economic Cooperation ◽  
Point Of View ◽  
Business Culture ◽  
Public And Private ◽  
Economic Relations ◽  
Trade Relations ◽  
Social Sphere ◽  
Current State ◽  
Trade Turnover ◽  
Legislative Framework

The article analyzes the current state of trade and economic relations between Russia and the Maghreb. The author considers the objectives of this cooperation, its potential and dynamics, as well as models of its implementation. The author comes to the conclusion that the potential of trade and economic cooperation is far from exhausted. Trade relations between the two countries developed ambiguously in the formation of the tendency to increase trade turnover. Investments remain insignificant, however, in the presence of a number of joint projects. Trade is unbalanced, both by country and by export-import flows, by year. Among the reasons, the author highlights the lack of timely and reliable information about the state of the partner countries ' markets, their legislative framework, mentality and peculiarities of business culture, as well as the preservation of models of interaction that do not correspond to modern realities, including the lack of understanding of the importance of the region in Russia. The author substantiates the point of view that the parties have both the opportunity and the need to further develop the potential of trade and economic cooperation to strengthen the Russian presence in the region, represented by both public and private structures in a number of areas, among which a special place is occupied by energy, engineering, chemistry and petrochemistry. In addition, it is important to intensify the development of cooperation between the Russian Federation and the Maghreb countries in the social sphere, primarily in the areas of health and education, as well as in the cultural sphere.

scholarly journals MODERN CONDITION OF TRADE AND ECONOMIC COOPERATION OF REGIONS OF UKRAINE AND REPUBLIC OF POLAND

2017 ◽  
pp. 8-15
Author(s):  
Ya. Oliynyk ◽  
V. Obodovska
Keyword(s):  
Foreign Trade ◽  
High Volume ◽  
Economic Cooperation ◽  
External Trade ◽  
Economic Relations ◽  
Trade Relations ◽  
Goods And Services ◽  
Trade Show ◽  
Trade Turnover ◽  
Foreign Trade Turnover

The most important part of Ukrainian-Polish cooperation is trade and economic sphere. Exactly it represents the real state of cooperation between the two countries at the regional level, but not only declares Partnership in official documents, are shown. Republic of Poland is the largest trade partner of Ukraine among the countries of Central and Eastern Europe and occupies a fourth place on results 2015, as well as in previous years (since 2007), after the volumes of export-import operations by the partner of Ukrainian the world (after Russia, China and Germany). Therefore, enhancing and strengthening trade relations Ukraine with Republic of Poland is extremely important and necessary to improve the socio-economic situation of the regions as well as in the whole country, are investigated. Contemporary characteristics of trade and economic cooperation between regions of Ukraine and Republic of Poland are explored. Foreign trade turnover (goods+services), exports and imports of goods and services regions of Ukraine with Republic of Poland for 2007-2015 years, are analyzed. Detailed characteristics of these indicators in a regional context and established the trend for the years 2007-2015 years dynamics are given. Ukraine regions with the largest foreign trade turnover (goods + services), exports and imports of goods and services described with Republic of Poland are disclosed. The strongest foreign economic relations of regions of Ukraine with Republic of Poland during the analyzed period are revealed. In the regional aspect the largest external trade (goods + services) in Ukraine with Republic of Poland for 2007-2015 year are: Kyiv region with city Kyiv – 13680,1 mln. USD (27.9%), Lvivska – 7524 mln. USD (15.3%) and Dnipropetrovska – 6467,5 mln. USD (13.2%) regions. The high volume of foreign trade show Donetska – 3239,5 mln. USD (6.6%), Zaporizka – 2706,4 mln. USD (5.5%), Ternopilska – 1941 mln. USD (4.0%), Luhanska – 1920,2 mln. USD (3.9%) and Volynska – 1785 mln. USD (3.6%) regions.

scholarly journals Factors of the Russian-Chinese economic relations development in the Eurasian integration field

2021 ◽  
Vol 21 (1) ◽  
pp. 23-29
Author(s):  
Maksim V. Selyukov ◽  
◽  
Natalia P. Shalygina ◽  
Anna M. Kulik ◽  
◽  
...  
Keyword(s):  
Economic Activity ◽  
The United States ◽  
Economic Cooperation ◽  
Modern World ◽  
Economic Relations ◽  
Trade Relations ◽  
Cross Border ◽  
Trade Turnover ◽  
Economic Trends ◽  
The Impact

Introduction. We can confidently say already that in the current conditions of global economic development, China is the most important and priority partner in the development of our country’s foreign economic activity. Theoretical analysis. The development of a strategic approach to bilateral economic cooperation with China is the most relevant in the modern system of coordinates of Russia’s foreign economic activity. Nowadays China is really the most important and priority partner in the issues related to the development of our country’s foreign economic activity. There have been different stages in the history of relations between Russia and China, but their current state gives hope for even greater mutually beneficial effect in the strategic perspective. The need to study the formation, transformation and development of Russian-Chinese relations in the context of foreign economic relations and projects is due to the growing influence of China in Russia over the past four years, the cooling of relations between Russia and the West after the events of 2014 and the Russian “turn to the East”. Empirical analysis. Speaking about the effectiveness of foreign trade relations between Russia and China in 2019, it should be noted that Russia’s trade turnover with China in 2019 increased by 3.4% to $110.76 billion, including Russia’s exports to China increased by 3.2% to $61.05 billion, imports from China to Russia increased by 3.6% to $49.7 billion. In comparison, the trade turnover between China and the United States fell by 14.6% to $541.22 billion againist the background of a trade war between these countries. It amounted to USD 541.22 billion, with USD 418 billion coming from China to America. Results. The prerequisites and factors for further development of relations and deepening of trade and economic cooperation between Russia and China have recently been growing. In addition to classical factors: geographical, territorial and, consequently, common border, which allows the development of new forms of cooperation and business (cross-border trade, cross-border economic zones and clusters, interbank settlements in national currencies in border areas, etc.). Political factors are increasing, as well as the impact of modern world economic trends on deepening bilateral economic relations between the countries. However, it is important to remember that in today’s realities Russia needs China more than China needs Russia.

China’s trade and economic relations with Algeria, Morocco, and Mauritania in the 21st century

2021 ◽  
pp. 55
Author(s):  
Kirill S. Kravtsov
Keyword(s):  
Service Sector ◽  
Terms Of Trade ◽  
Trade Flows ◽  
Trade Intensity ◽  
Economic Relations ◽  
Trade Relations ◽  
Intensity Index ◽  
Mineral Sector ◽  
Trade Turnover ◽  
Leading Position

The study analyzes the current level of China's trade and economic relations with Algeria, Morocco, and Mauritania. The research methods include comparative-historical and economic analysis with the use of trade intensity and trade complementarity indices. The author concluded that Algeria enjoys a leading position in terms of trade flows between the countries and investment from China. Morocco is in the second place in terms of trade turnover, while Mauritania has the smallest volume. The most diversified trade is between the PRC and Morocco, as there is not only the mineral sector (as in the case of the other two countries), but also the services and electronics sectors. Traditional areas of trade and economic cooperation in the field of mining have demonstrated a low level of trade complementarity for the China-Algeria, China-Mauritania pairs. The most promising industries, according to the results of the study, are China’s machinery, the service sector and agriculture. The intensity of trade flows was higher in the period 2010-2019 on the part of the PRC in the China-Algeria, China-Morocco pairs. The disparity in the intensity of trade progressed throughout the period for the China-Algeria pair, while the intensity remained the same for the China-Morocco pair. Mauritaniais the country with the highest trade intensity index with the PRC. Moreover, the intensity on the part of Mauritania was higher than on the part of the PRC throughout the entire period. The data obtained confirmed the importance of the region in China's foreign trade relations, a trend that may develop in the future.

scholarly journals Turkey - Black Sea Economic Cooperation Organization: Foreign Trade Relations during the 1996-2012 Period

2013 ◽  
Author(s):  
Cemal Ardıl
Keyword(s):  
Foreign Trade ◽  
Black Sea ◽  
Economic Cooperation ◽  
The Black Sea ◽  
Trade Volume ◽  
Black Sea Region ◽  
Economic Relations ◽  
Trade Relations ◽  
The Rich ◽  
Heads Of State

This paper presents the regional economic relations between Turkey and Black See Economic Cooperation Organization (BSEC). The Heads of State and Government of eleven countries: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine signed the Summit Declaration and the Bosphorus Statement giving birth to the Black Sea Economic Cooperation on 25 June 1992, in Istanbul. On 5 June 1998, the Heads of State or Government signed the BSEC Charter, came into force on 1 May 1999 BSEC has evolved into an international regional organization for economic cooperation. The organization has 12 members since Serbia joining the organization in 2004. It came into existence as a unique and promising model of multilateral political and economic initiative aimed at fostering interaction and harmony among the Member States, as well as to ensure peace, stability and prosperity encouraging friendly and good-neighbourly relations in the Black Sea region. Countries bordering the Black Sea, Balkan and Caucasus formed the BSEC countries cover an area of approximately 20 million square kilometer and represent more than 350 million people. The region with the foreign trade volume of U.S. $ 300 billion per year draws attention to the rich natural resources; and is the main European energy and transport corridor transfer. The Black Sea region is a contested neighbourhood and the subject of intense debates and conflicts in the globe. Also, this reflects the changing dynamics of the Black Sea region, its complex realities, the interests of outsiders and the region’s relations with the rest of the globe. Moreover, its strategic position, linking north to south and east to west, as well as its oil, gas, transport and trade routes are all important reasons for its increasing relevance. Turkey's foreign trade volume with BSEC member countries is steadily increasing as per the findings over the period of 1996-2012.

scholarly journals Economic relations between Bulgaria and Serbia: Current state and opportunities

2020 ◽  
Vol 17 (4) ◽  
pp. 141-156
Author(s):  
Antoaneta Vassileva ◽  
Mirjana Stevanović ◽  
Milica Simić
Keyword(s):  
European Union ◽  
Statistical Data ◽  
Analytical Framework ◽  
Economic Cooperation ◽  
The European Union ◽  
Economic Relations ◽  
Current State ◽  
European Projects ◽  
Economic Ties ◽  
Desk Research

The main goal of this paper is to make a survey of the current state of the economic relations between Bulgaria and Serbia and to outline some recommendations for their future development. The analytical framework is based on a desk research of the economic cooperation between both countries and a study of several European projects in which they participate. Statistical data and information from official documents of the governments of Bulgaria and Serbia, as well as documents of the European Union have been used. The author does not aim to make just a comparative analysis but rather to look for the points of intersection of the mutual interests of both countries. The findings of the research enable the evaluation of the depth of economic cooperation between Bulgaria and Serbia and give grounds for conclusions about the prospects for expanding of their economic ties.

scholarly journals Crisis in Bilateral Economic Cooperation between Russia and Spain

2021 ◽  
Vol 14 (3) ◽  
pp. 189-208
Author(s):  
K. A. Nikulin
Keyword(s):  
Foreign Trade ◽  
Bilateral Trade ◽  
Point Of View ◽  
Total Trade ◽  
Economic Relations ◽  
Goods And Services ◽  
Trade Turnover ◽  
Economic Interaction ◽  
Economic Partnership ◽  
Trade And Investment

The article examines the dynamics and features of the trade and economic partnership between Spain and Russia from 2014 to the present, considering the latest challenges. The once promising trajectory of the development of bilateral trade and mutual investment has undergone significant tests: in addition to the sanctions pressure of the collective West countries, the situation has been complicated by the global crisis in the world economy, significant changes in world markets for goods and services, and the COVID-19 pandemic. In these conditions, the study of indicators of Russian-Spanish trade and economic interaction is of interest both from the point of view of forming a forecast for the development of bilateral economic relations and highlighting those industries towards which the emphasis in trade and investment is gradually shifting. The question arises: is it possible to return to the indicators of bilateral trade and investment inherent in Russian-Spanish economic relations before the imposition of sanctions? The data on the bilateral trade presented by the Russian and Spanish national statistics differ insignificantly in terms of the total trade turnover but have severe differences at the level of the trade balance. Based on both countries’ statistical databases, the author of the article presents the possible reasons for such discrepancies and considers the general dynamics of the state of foreign trade between Russia and Spain. In addition to stating the negative trends in foreign trade, there are problems in investment cooperation, which until recently was considered one of the “strongholds” of bilateral cooperation under the pressure of sanctions.

scholarly journals BUSINESS CULTURE: STRUCTURE, FUNCTIONS, FORMATION FACTORS

2020 ◽  
Vol 11 (2) ◽  
pp. 14-18
Author(s):  
G.А. Elnikova ◽  
◽  
S.V. Gorlova ◽  
O.A. Vitokhina ◽  
◽  
...  
Keyword(s):  
Structure Functions ◽  
Religious Culture ◽  
Point Of View ◽  
Business Culture ◽  
High Culture ◽  
Political Situation ◽  
Current State ◽  
Entrepreneurial Culture ◽  
Advanced Technologies ◽  
Structure And Functions

Entrepreneurship is a complex socio-economic phenomenon, the attitude to which in society is ambiguous. Despite the fact that its significance for society is difficult to overestimate, it is not always positively perceived by the population. The existing distrust to businessmen (entrepreneurs) is most often associated with their insufficiently high culture. Therefore, the problem of studying its current state, structure and functions, as well as formation factors, is relevant from both a practical and theo- retical point of view. The purpose of the article is to determine the structure, functions and factors of the formation of busi- ness culture, examined from the perspective of its further improvement. The methodological basis of the work is the systemic and structural-functional approaches, as well as sociological concepts of culture and entrepreneurship. It gives an interpre- tation of entrepreneurship and its essential functions; the concept of “business culture” is defined from the standpoint of the activity approach; the analysis of the structure, functions of the business culture and the factors of its formation are stressed. Based on the conducted analysis, three levels of entrepreneurial functions are distinguished. The implementation of these functions is facilitated by one or another type of entrepreneurial culture. The article considers such basic types of entre- preneurial culture as technological, legal, economic, communicative and personal, and identifies the possibilities of each of them to implement the essential functions of entrepreneurship. The dominant factors of its formation are presented as determinants of improving the culture of entrepreneurship: achievements in science and the development of advanced technologies, the socio-economic and political situation in society, and national and religious culture.

scholarly journals A GRAVITY MODEL OF TRADE TURNOVER BETWEEN UKRAINE AND THE EU

2018 ◽  
Vol 4 (4) ◽  
pp. 217-222
Author(s):  
Tetyana Melnyk ◽  
Nataliya Kalyuzhna ◽  
Kateryna Pugachevska
Keyword(s):  
Foreign Trade ◽  
Gravity Model ◽  
Purchasing Power Parity ◽  
Statistical Significance ◽  
Economic Cooperation ◽  
Institutional Factors ◽  
Trade Relations ◽  
Trade Turnover ◽  
The Impact ◽  
The Eu

Determining the conditions for further liberalization and the reality of long-term and effective trade and economic cooperation of Ukraine with the EU countries requires assessing the strength and probability of the influence of institutional factors. The possibility of taking into account the significance of institutional factors in the development of foreign trade relations creates a gravity modelling. Determination of gravitational principles of foreign trade actualizes the problem of developing the gravity model, which takes into account impact of institutional factors, contains the necessary and sufficient number of factors, and may be tested for adequacy based on statistical data. The purpose of the paper is to construct the gravity model taking into account the institutional conditions of trade and its empirical verification on the example of trade turnover between Ukraine and the EU. Methodology. Methods of statistical analysis and econometric modelling were used for constructing the gravity model, estimating its statistical significance and predictive ability. In the article, the necessity of taking into account the influence of institutional factors on the formation of the competitive status of the country in the sphere of international trade is substantiated. It is proved that, in conditions of increasing the contradictory nature of trade relations, the role of institutional gravity factors in foreign trade between states increases. The result of the article is the gravity model with such explanatory factors, as the gross domestic product of trade partners in purchasing power parity and the complex characteristic of “trade distance” between countries as an indicator of the influence of institutional factors on foreign trade relations. As a conclusion, it may be noted that the model is statistically significant, adequately describes the input data. The proposed model takes into account the presence of institutional factors of foreign trade, whose influence on the interstate trade and economic cooperation conditions is constantly increasing. Value/originality. The proposed results can be used for modelling and forecasting of foreign trade between trading partners, taking into account the impact of specific institutional factors on their foreign trade relations.

scholarly journals Russia and Turkey: new trends and prospects at the present stage

2020 ◽  
Vol 28 (3) ◽  
pp. 440-449
Author(s):  
Natalia A. Budarina ◽  
Ilias R. Ibragimov
Keyword(s):  
Scientific Article ◽  
Trade Restrictions ◽  
Energy Investment ◽  
Economic Relations ◽  
Investment Projects ◽  
Joint Declaration ◽  
Bilateral Relations ◽  
Current State ◽  
Trade Turnover ◽  
The Moment

The research of the scientific article is devoted to the current state of bilateral relations between Russia and Turkey, the main directions of cooperation and prospects of interaction. At the moment, in addition to comprehensive and deep relations between the two countries, Russia and Turkey are linked by trade, energy, investment and military cooperation. A survey conducted in Turkey showed that more than 70% of citizens have a positive view of the political and economic union with Russia. Turkey has become Russias fifth largest trading partner over the past two years, helped by the signing of a joint declaration on the lifting of trade restrictions and the normalization of economic relations. The article analyzes the volume of trade turnover with Turkey, considers promising investment projects, the role of mutual investments, and introduces formulas for calculating the indicators of complementarity and payback periods of the Akkuyu investment nuclear project.

scholarly journals The dynamics and the current state of trade and economic ties between Ukraine and CIS countries has been analysed

2012 ◽  
Vol 1 (40) ◽  
pp. 156-168
Author(s):  
N. Gasuliak
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Structural Features ◽  
Trade In Services ◽  
Economic Relations ◽  
Trade Relations ◽  
Goods And Services ◽  
Current State ◽  
Cis Countries ◽  
Economic Ties

The main parameters, structural features, geographical areas of foreign trade relations of Ukraine with the CIS countries has been reviewd, as well as the main problems in the framework of cooperation between Ukraine and these countries has been highlighted. Ke ywords: CIS countries, trade and economic relations, trade in goods, trade in services, volume of exports, imports, trade, balance of foreign trade in goods and services, investments.

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