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 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 FOREIGN TRADE RELATIONS OF UKRAINE WITH GERMANY

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
L. Khomutenko ◽  
V. Syzonenko
Keyword(s):  
Foreign Trade ◽  
Federal Republic ◽  
Point Of View ◽  
Federal Republic Of Germany ◽  
Technical Improvement ◽  
Investment Activity ◽  
Economic Relations ◽  
Trade Relations ◽  
Goods And Services ◽  
Quality Of Products

The article considers the peculiarities of Ukraine’s foreign economic relations with Germany; basic principles of formation and development of foreign trade relations between Ukraine and the Federal Republic of Germany. The structures of export and import of goods and services are analyzed. Problems and prospects of cooperation between the countries are revealed, and also ways of improvement of cooperation between Ukraine and Germany are outlined. The problems of trade structure in Ukrainian-German relations are analyzed. The economic conditions of long-term cooperation in foreign trade relations between the countries are revealed. The dynamics of goods and services in the foreign trade relations of Ukraine with the Federal Republic of Germany is studied. The purpose of the study is to analyze Ukraine's foreign economic relations with Germany; features of export-import and investment activity of Ukraine and Germany. The ways of solving the main problems in foreign economic relations between Ukraine and the Federal Republic of Germany are considered and offered. Foreign trade occupies a leading place in the system of international relations, because with the effective use of the whole complex of modern forms and methods of international economic relations can influence the technical improvement of production, increase productivity and quality of products. The exchange of goods and services at the international level is a prerequisite, consequence and cause of the international division of labor. In addition, foreign trade is a major factor in ensuring the stable functioning of the world economy. That is, in the context of globalization of economic activity for many countries relevant from a theoretical and practical point of view is the study and scientific justification of promising and new areas and forms of their foreign economic relations. For countries transitioning from closed national economies to open-minded economies such as Ukraine, such studies are particularly relevant.

scholarly journals Taiwan — A Potential Economic Partner of South Asia

2021 ◽  
Vol 02 (01) ◽  
pp. 2150006
Author(s):  
MOHAMMAD MASUDUR RAHMAN
Keyword(s):  
South Asia ◽  
Computable General Equilibrium ◽  
Bilateral Trade ◽  
Manufacturing Sector ◽  
High Tech ◽  
Investment Agreement ◽  
Alternative Markets ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
Trade And Investment

Taiwan is a major hub of the global supply chains and one of the leading investors not only in China but also in other Southeast Asian markets. Although high trade complementary, bilateral trade between South Asia and Taiwan is only about US$ 9 billion, investment has only picked up recently. The computable general equilibrium (CGE) analysis indicates a substantial economic benefit of bilateral tariffs elimination between Taiwan and its South Asian partners. Taiwan has a substantial comparative advantage in producing high tech manufacturing goods while in South Asian’s main strength is in the resource-based agricultural and light manufacturing sector. Taiwan has been maintained a liberalized trade regime with minimal import tariffs and non-tariff measures (NTM) over the decades. As South Asia is booming, and Taiwan is seeking alternative markets and investments opportunities, it is time to deepen a bilateral economic relationship. South Asia is a market of 1.5 billion people with an emerging middle class along with substantial cheaper labor forces, made an ideal place for investment. A comprehensive economic partnership agreement (CEPA) with a preferential trade and investment agreement would be useful to attract Taiwanese multinationals and seamless trade between South Asia and Taiwan.

scholarly journals Ukrainian-Polish trade and economic relations in modern conditions

2020 ◽  
Vol 23 (10) ◽  
pp. 36-46
Author(s):  
Borys Sulym
Keyword(s):  
Free Market ◽  
Trade In Services ◽  
Negative Effects ◽  
Economic Relations ◽  
Trade Relations ◽  
Goods And Services ◽  
Cross Border ◽  
Polish Economy ◽  
Trade And Investment ◽  
Cross Border Cooperation

The main directions of development of Ukrainian-Polish trade relations are considered in the article. The positive and negative effects of cross-border cooperation in trade and investment are substantiated, as well as a number of recommendations for building mutually beneficial relations on the basis of national interests.The purpose of this article is to assess the Ukrainian-Polish trade and economic relations in modern conditions in order to form scientifically sound recommendations for the development of mutually beneficial cross-border cooperation, taking into account national interests.Research methods. Methods of scientific analysis are used in the critical assessment of the concept of free market and free trade; comparison in the study of the dynamics of Ukrainian-Polish trade relations; graphical method for displaying and comparing trade in goods and services and investment between Poland and Ukraine; method of generalization in the development of proposals to improve the efficiency of cross-border trade and investment between countries, taking into account national characteristics and interests.Results. An assessment of Ukrainian-Polish trade and economic relations over the past ten years is given. It is proved that Ukrainian-Polish relations in the field of trade in goods do not have significant benefits for the Ukrainian economy, as their balance is negative during the period under study. Emphasis is placed on mutual exits in the field of trade in services, where the Polish side actively uses Ukrainian enterprises to order services for processing material resources through cheap labor, which stimulates the inflow of funds into Ukrainian business, job creation and more. There is a significant predominance of Polish investment in the national economy over Ukrainian investment in the Polish economy, due to the higher development of the Polish economy and interest in building branches and subsidiaries of Polish enterprises.A number of measures have been proposed to increase the economic complexity of the domestic economy in order to increase technological exports to Poland and equalize the trade balance between the countries; the directions of development of trade in services (in particular medical services in the conditions of COVID-19), as well as measures to increase the volume of Polish investment are substantiated.

scholarly journals Foreign Trade in Goods and Services: Comparing the Data Sources

2020 ◽  
Vol 27 (4) ◽  
pp. 80-87
Author(s):  
A. A. Gnidchenko
Keyword(s):  
Foreign Trade ◽  
International Comparisons ◽  
Primary Sources ◽  
Sources Of Information ◽  
Goods And Services ◽  
Trade Turnover ◽  
User Tasks ◽  
High Quality Result ◽  
Foreign Trade Turnover ◽  
Combine Information

The paper focuses on the primary sources of information on Russia’s foreign trade. The objective of the study is to describe the main sources of data on foreign trade in goods and services, and compare them according to such criteria as time horizon, specification by types of goods and services, the breakdown of data by country and region, and the data format.The methodology tools rely on the possibility of applying databases for various user tasks (such as operative analysis, international comparisons, and studying the structure of foreign trade by types of goods and services and by partner countries).The author shows that none of the databases meets all the criteria. To obtain a high-quality result, it is necessary to combine information from different sources. The paper demonstrates the problems of the incompleteness of the monthly data in the UN Comtrade database and uncertainty with the classifier at the junction of 2016-2017 in the Federal Customs Service TSVT database. The author reveals the data gaps in the UN Comtrade database for Russia for some commodity groups. The article presents a comparison of Bank of Russia, OECD, WTO, and UN publications.The conclusions are given in the form of recommendations on the use of the databases depending on the users’ requirements according to the speed of data publication, availability of data for international comparisons, and the need to reflect the structure of Russia’s foreign trade by type of goods and services.The analysis reveals individual structural components of foreign trade turnover and preferences in the use of information bases. For trade in goods, the author recommends a simultaneous usage of the Federal Customs Service TSVT database and the UN Comtrade database; for trade in services the use of the Bank of Russia, OECD or WTO databases (depending on the user’s task).

scholarly journals Sweden, South Africa and the business of partnership in the 1990s

2021 ◽  
Vol 13 (1) ◽  
pp. 41-65
Author(s):  
Nikolas Glover
Keyword(s):  
South Africa ◽  
Public Relations ◽  
Large Scale ◽  
Point Of View ◽  
New Era ◽  
Economic Relations ◽  
Economic Partnership ◽  
High Level ◽  
Political Solidarity ◽  
Pedagogical Function

This article examines the background and ambitions of the large-scale Swedish-South Africa Partnership Week that was rolled out across South Africa in November 1999. The Swedish delegation was spearheaded by Prime Minister Göran Persson and consisted of 800 Swedes; high-level ministers, diplomats, civil society representatives and business leaders. The analysis places particular emphasis on the involvement of Swedish multinationals and the central role played by the public relations agency Rikta Kommunikation. Its focus lies on the broader pedagogical function that the Week was intended to have, primarily from a Swedish point of view. I argue that the stated aim to forge an economic partnership between Sweden and South Africa as the logical extension of decades of historical political solidarity was a means of ensuring that citizens learned to understand the pressures and demands of the new era of globalisation. The foreseeable end of Swedish aid to South Africa was to be the dawn of self-sustaining economic relations; “business interests” – for so long derided by the anti-apartheid activists – were henceforth to lead the way. In light of this, I conclude by arguing that the official launch and marketing of a bilateral partnership in 1999 can be seen as part of a government-funded effort to adapt Swedish internationalism to a new era.

scholarly journals US-China trade conflict: causes and consequences

2020 ◽  
Keyword(s):  
United States ◽  
Foreign Trade ◽  
Regression Models ◽  
Bilateral Trade ◽  
Negative Impact ◽  
The United States ◽  
Economic Relations ◽  
Stage Of Development ◽  
The Us ◽  
The Usa

At the present stage of development of international economic relations special attention is paid to the study of the relations between the countries that are the world leaders in terms of GDP and foreign trade – the USA and China. This is due to the fact that in recent years the US have introduced a number of measures to counteract the growth of Chinese exports, which has led to backlash from China. The subject of the study is the foreign trade relations of the USA and China. The goal is to analyze the influence of protectionist measures applied by the US and China on the development of their foreign economic relations. The following objectives are set: to determine the level of economic interdependence of the USA and the PRC, to investigate their impact on mutual trade flows and to analyze the dynamics of bilateral trade of countries under restrictive measures. The following methods are: comparative analysis, systematization and generalization, construction of regression models. The results of the analysis revealed that the US and PRC current accounts show reverse dynamics: the United States demonstrates stable deficit, while China has had surplus for many years. Moreover, the structures of the current accounts do differ a lot as well: the US is totally services-oriented country, whereas China is a major exporter of goods. It can be observed that both countries have experienced a recession of foreign economic activity since 2018, as far as their current account balances decreased substantially, which is likely to be the consequence of tariff barriers imposed by the US and PRC. Furthermore, due to trade confrontation, bilateral trade between these countries declines significantly as well, so that now China and the United States are forced to look for new export markets. The results of the regression models allow concluding that import from China is indeed having a negative impact on US exports, which has led to the US restrictions on imports from China. However, the introduction of mutual restrictions did not lead to an improvement of the US foreign trade.

scholarly journals Trade and economic relations between Russia and the Netherlands: formation and development

2020 ◽  
pp. 5-22
Author(s):  
A. I. Makarov ◽  
E. A. Rubinchik ◽  
M. A. Kladkin
Keyword(s):  
The Netherlands ◽  
Foreign Trade ◽  
Bilateral Trade ◽  
Historical Review ◽  
Developed Countries ◽  
Economic Relations ◽  
Industrial Cooperation ◽  
Trade Relations ◽  
National Leaders ◽  
The Russian Empire

Successful development of mutual trade and economic ties between Russia and the Netherlands has been lasting for centuries. In ancient times, when both states were actively developing, vessels loaded with various goods were already cruising between their shores; while national leaders were building bilateral trade policy. The development of cooperation reached its peak during the time of Peter the Great, when the Russian Empire carried out industrialization by entering into a full-scale international industrial cooperation with its historical partner. Participation of the Russian state in the development of trade and economic relations with the Netherlands took different shapes depending on the current needs and capabilities of the country. However, specially authorized envoys who carried out their functions on the territory of the Netherlands played exclusively important role in it, whether they were representatives of the Ministry of Trade and Industry of Tsarist Russia in Rotterdam or the People's Commissariat for Foreign Trade in the pre-war years. October 1945, when the Trade Representation opened its doors in Amsterdam, marked the new chapter in the history of trade relations between two countries. Historical review of the activities conducted by the Trade Mission in one of the world's TOP economically developed countries of the world over the 75-year period is demanded for providing advice in respect to setting up of strategic plans for the development of foreign trade in terms of exports, deepening international industrial cooperation and faster adaptation to the requirements by foreign markets. 

GEOGRAPHICAL FEATURES OF FOREIGN ECONOMIC ACTIVITYOF CHINA

2020 ◽  
Vol 1 (4) ◽  
pp. 44-49
Author(s):  
Dilovar Soyibova ◽  
Keyword(s):  
Foreign Trade ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Economic Relations ◽  
Republic Of China ◽  
Trade And Investment

This article describes the geographical features of the foreign economic activityof the People’s Republic of China. Among the important areas of foreign economic relations are the importance of foreign trade and investment in country’s economy

Foreign trade statistics of Arab countries: selected indicators

2017 ◽  
Vol 10 (4) ◽  
pp. 652-658
Author(s):  
Gabi El-Khoury
Keyword(s):  
Foreign Trade ◽  
Oil And Gas ◽  
Arab Countries ◽  
Large Share ◽  
Total Trade ◽  
Goods And Services ◽  
Merchandise Trade

This statistical file is mainly concerned with the external merchandise trade of Arab countries, which accounts for approximately 77% of the total trade of Arab goods and services due to the large share of oil and gas in the Arab foreign trade.

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