scholarly journals Trade and Economic Cooperation within the Framework of BRICS

2021 ◽  
Vol 15 (3) ◽  
pp. 44-54
Author(s):  
S. N. Pogodin ◽  
T. S. Yagya

The article is devoted to trade and economic cooperation between Russia and the BRICS membercountries and trade cooperation within the BRICS Union. First, the authors study the peculiarities ofthe development of the BRICS member countries and the possibilities of their trade cooperation withinthe framework of this association. Trade and economic cooperation within the BRICS group is beingconsidered: structure of export and import supplies, dynamics of foreign trade turnover and features ofmutual trade. Authors consider the complementarity of the national economies of the BRICS countries,about the competitive directions of each of its countries in the provision of certain services. The focusis on the study of trade and economic cooperation between Russia and the BRICS member countriesin recent years. The article analyzes the export, import, and foreign trade turnover of Russia with each country of this organization. At the same time, all the calculations in the article are made independently based on statistical data. The authors identify the specifics of Russia’s trade cooperation within the BRICS grouping, draws relevant conclusions, and discusses the investment direction as a component of the growth of trade cooperation, the increase in foreign trade turnover, and GDP growth. 

2021 ◽  
Vol 9 (1) ◽  
pp. 86-90
Author(s):  
Natal'ya Budarina ◽  
Ilyas Ibragimov

The research of the scientific article is devoted to topical areas of trade and economic cooperation between Russia and Turkey. Problems were identified both in the implementation of mutual trade between the two countries and in the implementation of bilateral agreements. The main directions for increasing trade turnover and creating a favorable investment climate are identified. The volume of trade turnover is considered in the foreign trade statistics for the results of 2019 and the first half of 2020. The role of agreements signed at the level of heads of organizations and departments of the two countries that ensure the implementation of economic policy is revealed.


Author(s):  
Н.А. Бударина ◽  
И.Р. Ибрагимов

Исследование научной статьи посвящено актуальным сферам торгово-экономического сотрудничества России и Турции. Выявлены проблемы как при осуществлении взаимной торговли двух стран, так и при реализации двусторонних соглашений. Определены основные направления по увеличению торгового оборота и формированию благоприятного инвестиционного климата. Объемы товарооборота рассмотрены в статистике внешней торговли по итогам 2019 и полугодия 2020 гг. Выявлена роль соглашений, подписанных на уровне руководителей организаций и ведомств двух стран, обеспечивающих реализацию экономической политики. The research article focuses on current areas of trade and economic cooperation between Russia and Turkey. It reveals problems both in mutual trade between the two countries and in the implementation of bilateral agreements. The main directions for increasing trade turnover and creating a favorable investment climate are identified. The volume of trade turnover is considered in the foreign trade statistics for the results of 2019 and the first half of 2020. The role of agreements signed at the level of heads of organizations and departments of the two countries that ensure the implementation of economic policy is revealed.


2020 ◽  
pp. 22-30
Author(s):  
Ilya Antonovich Aksenov

Ensuring stable economic growth of the countries of the BRICS integration group presupposes the intensifi cation of mutual foreign trade turnover. In the article, the author examines the evolution of approaches of the BRICS member countries to the development of mutual foreign trade, identifi es the factors infl uencing the growth of trade. Noteworthy is the common position of the BRICS countries on global trade policy, their support for the existing rules of the multilateral trading system with the central role of the WTO. The article is devoted to the refl ection and systematization of the peculiarities and identifi cation of the prospects for the development of trade and economic indicators of the BRICS countries. The role of China as a fundamental trading partner of the BRICS countries is determined. The role of bilateral cooperation between the BRICS countries and their role in the development of the integration group is refl ected. The prevailing trade positions in international trade of each of the BRICS countries are considered. The main priorities of the BRICS countries are identified and promising areas, sectors and markets that can form a synergistic eff ect and mutual benefits are reflected. The analysis of the growth rates and GDP growth of the BRICS countries is carried out. The potential, dynamics and commodity structure of mutual trade for the period from 2015 to 2019 is analyzed. Indicators of the level of economic development of the BRICS countries are reflected and compared with developed countries. It was stated that the current economic situation, both throughout the world and in the BRICS countries, negatively aff ects the international and intra-integration fl ows of goods and investments. To overcome negative global economic trends, recommendations have been formulated to improve the tools for market integration of the BRICS countries. and commodity structure of mutual trade for the period from 2015 to 2019 are analyzed.


Author(s):  
Ya. Oliynyk ◽  
V. Obodovska

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.


Author(s):  
Asel Dzhailova ◽  
Arzybek Kozhoshev

The main directions of trade and economic cooperation of Kyrgyzstan at the present stage are considered. Structural changes in trade and economic cooperation of Kyrgyzstan are identified in the context of deepening integration processes. The assessment of foreign economic activity of Kyrgyzstan is presented. The factors of unbalanced development of the foreign trade turnover of Kyrgyzstan, as well as a decrease in the volume of attracting foreign investment, are highlighted. The positive shifts in the foreign trade of Kyrgyzstan within the framework of the EAEU and the efficiency of the use of investments of the main economic partners are determined. The directions of the effective use of potential and prospects for improving trade and economic cooperation of Kyrgyzstan within the EAEU and the implementation of the Silk Road integration model are substantiated. Particularly highlighted are the opportunities for the dynamic development of foreign economic cooperation of Kyrgyzstan with the countries of Central Asia for the joint use of the economic potential of the region.


Author(s):  
Viktor Kolodin ◽  
Yakov Sukhodolov

Nowadays, Russian-Chinese trade and economic cooperation has positive dynamics of development. In 2018, the foreign trade turnover between Russia and China accounted for $ 108,2 bln. However, notwithstanding the achieved results, there is still a number of serious problems. The main ones are an insignificant share of Russia in the foreign trade turnover of China (approximately 2 %) and raw-material orientation of Russian export to China (the share of mineral products in the export accounts for 76 %). The basis of the export and import pattern of Russian-Chinese trade is formed at the regional level. Nowadays, China is the main foreign trade partner of the Baikal Region, the share of which in the overall volume of Russian-Chinese foreign trade accounts for 5,5 % (8,9 % in the export, and 1,9 % in the import). The Baikal Region is export-oriented. Raw materials prevail in the trade pattern of the export to China, the share of which accounts for more than 90 % of the overall export. Search for directions and modernization instruments for economy and a switch over to the innovative development have become especially significant for the regions of Siberia and the Far East under the current conditions, taking into account the predictions for the global economy. The further development of the bilateral cooperation should be based on serving the interests and economic security of Russia. Thus, an advantageous direction for expansion of the trade and economic cooperation of the Baikal Region and China is an increase of the raw materials processing depth and of the export volume of the manufactured goods.


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